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NCLAT rejects state tax claim on Reliance Communications filed for assessment year after insolvency initiation

PTI
The NCLAT upheld the earlier NCLT Mumbai bench order which rejected the state tax department's second claim of 6.10 crore on Reliance Communications
Corporate Insolvency Resolution Process (CIRP) against RCom was initiated on June 22, 2019. The state tax department had filed two claims
Corporate Insolvency Resolution Process (CIRP) against RCom was initiated on June 22, 2019. The state tax department had filed two claims

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News business NCLAT rejects state tax claim on Reliance Communications filed for assessment year after insolvency initiation