Non-availability of pre-CIRP period ITC to Corporate-Debtor challenged before Bombay HC

Bombay HC issues Notice in writ challenging special procedure for Registration, Return filing & ITC availment, for companies undergoing corporate insolvency resolution process (CIRP), the management of whose affairs are being undertaken by interim resolution professionals (IRP) or resolution professionals (RP); Petitioner challenges Notification No. 11/2020-CT dated March 21, 2020 read with Circular No. 134/04/2020-GST dated March 23, 2020 as viol...