https://www.taxtmi.com/caselaws?id=382421 The tribunal ruled against recognizing the applicant as a financial creditor under the Insolvency and Bankruptcy Code, 2016, despite the applicant's arguments based on specific sections of the Code. The delay in filing the appeal against the liquidator's decision, exceeding the statutory timeline, resulted in the rejection of the appeal. The judgment underscores the importance of timely compliance with legal procedures and adherence to prescribed timelines within the insolvency framework. en-us Tue, 02 Apr 2019 00:00:00 +0530 Wed, 03 Jul 2019 08:10:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382421 The tribunal ruled against recognizing the applicant as a financial creditor under the Insolvency and Bankruptcy Code, 2016, despite the applicant's arguments based on specific sections of the Code. The delay in filing the appeal against the liquidator's decision, exceeding the statutory timeline, resulted in the rejection of the appeal. The judgment underscores the importance of timely compliance with legal procedures and adherence to prescribed timelines within the insolvency framework. Case-Laws Insolvency and Bankruptcy Tue, 02 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382421