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    Gauhati HC Enforces IBC Clean Slate

    The Gauhati High Court held that tax proceedings and demands relating to periods before an approved resolution plan cannot continue against the successful resolution applicant if the dues were not included in the plan. Applying the IBC’s clean-slate principle, the Court quashed the Section 153C proceedings, assessment orders, and demand notices for AYs 2011–12 and 2016–17.