Appeal by homebuyer against rejection of belated insolvency claim dismissed as barred by principles akin to res judicata SC dismissed the civil appeal filed by the appellant-homebuyer challenging NCLAT's refusal to admit its belated claim in the insolvency resolution ...
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Appeal by homebuyer against rejection of belated insolvency claim dismissed as barred by principles akin to res judicata
SC dismissed the civil appeal filed by the appellant-homebuyer challenging NCLAT's refusal to admit its belated claim in the insolvency resolution process. NCLAT had held that the appellant's substantial prayer for admission of its claim had already been finally rejected up to the SC in earlier proceedings, and therefore was barred by principles akin to res judicata. SC found no error in NCLAT's reasoning and declined to interfere, holding it was not inclined to entertain the appeal. The civil appeal was accordingly dismissed, affirming NCLAT's order.
The Supreme Court, exercising its appellate jurisdiction in a civil matter, recorded that it had "heard learned senior counsels for the parties." After such hearing, the Court stated, "We are not inclined to entertain this appeal," and consequently ordered that "The civil appeal stands dismissed." The order is a brief, non-speaking dismissal at the threshold stage, indicating that the Court declined to interfere with the impugned judgment or order from the lower forum. No reasons were articulated on the merits, and no directions, costs, or ancillary reliefs were recorded. The effect is that the lower court's decision remains undisturbed, and the appellate challenge is conclusively rejected without further elaboration.
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