Change of corporate management after approved resolution plan - writ maintainable; property attachment not 'transfer' under PBPT; Section 32A protecti...
Annuloplasty band classification as implanted therapeutic appliance, not anatomical replacement, resulting in classification under tariff heading for ...
De-notification of Customs Area and termination of Container Freight Station custodian and Customs Cargo Service Provider authority effective 07-01-20...
A belated operational creditor claim in CIRP was rejected because the claimant did not supply the breakup and supporting material needed for verification, and the claim could not be matched with the corporate debtor's records. The NCLAT held that the claimant failed to rebut the Resolution Professional's reasons for rejection, including non-response to repeated requests and lack of proof for the asserted interest component. Because the resolution process had already advanced to the stage where the resolution plan was approved by the Committee of Creditors and filed before the Adjudicating Authority, the deficient claim could not be entertained. The rejection was upheld and the appeal dismissed.
A belated operational creditor claim in CIRP was rejected because the claimant did not supply the breakup and supporting material needed for verification, and the claim could not be matched with the corporate debtor's records. The NCLAT held that the claimant failed to rebut the Resolution Professional's reasons for rejection, including non-response to repeated requests and lack of proof for the asserted interest component. Because the resolution process had already advanced to the stage where the resolution plan was approved by the Committee of Creditors and filed before the Adjudicating Authority, the deficient claim could not be entertained. The rejection was upheld and the appeal dismissed.
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