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    Belated operational creditor claim rejected for lack of verification and failure to support proof during CIRP.
    Statutory limitation under insolvency law cannot be extended by time spent in writ proceedings when alternate remedy exists.
    Limitation for personal guarantor insolvency runs from actual invocation of guarantee; earlier default notices do not start time.
    IB Code moratoriums are confined to the debtor in insolvency and do not shield a separate principal borrower from suit.
    Approved resolution plan binds distribution to dissenting financial creditors; Monitoring Committee cannot alter liquidation-value entitlement.
    Restoration after dismissal for default cannot bypass express limitation or inherent powers absent sufficient cause
    CIRP moratorium and alternate remedy principles required release of court-deposited funds to the resolution professional.
    Finality of unchallenged findings and one time settlement acknowledgment supported insolvency admission against the corporate debtor.
    Moratorium protection over leased premises bars lessor from recovering possession while the corporate debtor remains in possession.
    Limitation for CIRP based on DRT recovery certificate was not defeated by absence of a separately stated default date.
    Insolvency professional misconduct upheld where resolution plan compliance failures and prior affirmed findings justified dismissal of the appeal.
    Constructive res judicata and auction terms bar post-sale reliefs in an as-is-where-is corporate debtor sale.
    Consortium restructuring in CIRP upheld where adding a member did not breach resolution plan eligibility rules.
    Financial debt under insolvency law requires disbursement to the corporate debtor; NCLAT upholds rejection of Section 7 petition.
    Settlement withdrawal bars restoration of a concluded insolvency petition absent express liberty in the withdrawal order
    Finality of unchallenged insolvency orders supports bankruptcy proceedings without fresh notice at the later stage.
    Natural justice and subsisting interim orders can invalidate directions under an insolvency resolution plan when parties are not heard.
    Limitation for personal guarantor insolvency cannot be shifted by continuing guarantee once default is fixed and time-barred.
    TDS refund in liquidation remains for income tax authorities; insolvency tribunal's direction was only interlocutory and premature.
    Promoter restructuring proposal rejected as non-compliant resolution plan; liquidation upheld and appeal became infructuous.
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Acts Income Tax