Wages/Salaries of the Workmen/Employees for the period during CIRP can only be included in the CIRP costs if it is established that the IRP/Resolution Professional managed the operations of the Corporate Debtor as a Going Concern during the CIRP and that the concerned workmen/employees actually worked during the CIRP – Sunil Kumar Jain and others Vs. Sundaresh Bhatt and others – Supreme Court

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On the date on which the Resolution Plan was approved by the learned NCLT, all claims stood frozen, and no claim, which is not a part of the Resolution Plan, would survive – M/s. Ruchi Soya Industries  Ltd. Vs. Union of India & Ors. – Supreme Court

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A debt which arises out of advance payment made to a corporate debtor for supply of goods or services would be considered as an operational debt and limitation does not commence when the debt becomes due but only when a default occurs – Consolidated Construction Consortium Ltd. Vs. Hitro Energy Solutions Pvt. Ltd. – Supreme Court

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Interpretation of Section 29A(h) of IBC – Bank of Baroda & Anr. Vs. MBL Infrastructures Ltd. & Ors. – Supreme Court

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The period from 15.03.2020 till 28.02.2022 shall stand excluded for the purposes of limitation as may be prescribed under any general or special laws in respect of all judicial or quasi-judicial proceedings – In Re: Cognizance for Extension of Limitation – Supreme Court

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