Eye Share: GST Compliance for Resolution Professionals under IBC – Seeing Filers with Lens of Non-Filer?
Recently, the Government issued Notification No. 11/2020 prescribing for the special procedure for corporates where Interim Resolution Professional (IRP) or a Resolution Professional (RP) has been appointed under the provisions of the Insolvency and Bankruptcy Code, 2016 (IBC). This has been followed by the Circular No.134/04/2020 - GST explaining the scheme. Mr. Sparsh Bhargava (Advocate) discusses the scheme and highlights certain issues that a...