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    <title>2019 (3) TMI 1604 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI</title>
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    <description>The Adjudicating Authority rejected the application to enhance the claim as the Resolution Plan had been approved under Section 31 of the Insolvency and Bankruptcy Code, 2016. The Appellate Tribunal upheld this decision, stating that the application for enhancement was not maintainable after plan approval. The Tribunal clarified the Resolution Professional&#039;s role in determining claims for the Committee of Creditors and dismissed the appeal due to the delay in raising the issue, emphasizing seeking relief from the appropriate forum.</description>
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      <description>The Adjudicating Authority rejected the application to enhance the claim as the Resolution Plan had been approved under Section 31 of the Insolvency and Bankruptcy Code, 2016. The Appellate Tribunal upheld this decision, stating that the application for enhancement was not maintainable after plan approval. The Tribunal clarified the Resolution Professional&#039;s role in determining claims for the Committee of Creditors and dismissed the appeal due to the delay in raising the issue, emphasizing seeking relief from the appropriate forum.</description>
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