NCLT directs Successful Resolution Applicant to make necessary payments under the provisions of EPF and MP Act, 1952 after the approval of Resolution Plan – Employees Provident Fund Organisation Vs. Sh. Darshan Singh Anand The IRP – NCLT Chandigarh Bench

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There is no concept of automatic restoration of any water connection and a proper application is required to be made following the procedure and only benefit Successful Resolution Applicant can claim is extinguishment of the dues which are not part of the Resolution Plan – Maharashtra Industrial Development Corporation Vs. Bhadrashree Steel & Power Ltd. & Ors. – NCLAT New Delhi

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No separate Stamp Duty is required under the Bombay Stamp Act, 1958 on Power of Attorney attached with the deed of loan assignment to an Asset Reconstruction Company (ARC) – Asset Reconstruction Co. (India) Ltd. Vs. Chief Controlling Revenue Authority – Supreme Court

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