Delayed operational creditor claims cannot be admitted after CIRP completion when filing deadlines and claim procedure were not met.

An operational creditor's delayed claim was held not entertainable after completion of the CIRP because claims must be filed within the time allowed, in the prescribed form and with supporting documents. The Tribunal noted that a public announcement inviting claims was made, so separate personal notice to each creditor was not required. As the CIRP had already concluded and the resolution plan was pending approval, there was no basis to direct admission of the claim at that stage. The application seeking condonation of delay and admission of the claim therefore failed.

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Issues: Whether a claim filed after completion of the Corporate Insolvency Resolution Process could be entertained and admitted by the Resolution Professional.

Analysis: The application sought condonation of delay in filing the operational creditor's claim and a direction to admit it. The Tribunal noted that the claim could be entertained only within the time permitted during CIRP, on submission in the prescribed form and with supporting documents. It found that public announcement had been made for inviting claims, personal notice to each creditor was not required, and the applicant had failed to submit the claim within the permissible period. It also noted that the CIRP had already concluded and the resolution plan was pending approval, leaving no basis to direct admission of a delayed claim at that stage.

Conclusion: The claim could not be admitted after completion of CIRP, and the application failed.

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