https://www.taxtmi.com/caselaws?id=384783 The Tribunal upheld the Resolution Professional's decision to reject the claims due to non-compliance with statutory requirements and lack of credible evidence supporting alleged cash transactions. The court deemed the cash transactions fraudulent, emphasizing adherence to procedural requirements under the Insolvency and Bankruptcy Code and CIRP Regulations. The Applicant's claims were dismissed, affirming the RP's stance on the inadmissibility of the claims. en-us Thu, 30 May 2019 00:00:00 +0530 Fri, 23 Aug 2019 07:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384783 The Tribunal upheld the Resolution Professional's decision to reject the claims due to non-compliance with statutory requirements and lack of credible evidence supporting alleged cash transactions. The court deemed the cash transactions fraudulent, emphasizing adherence to procedural requirements under the Insolvency and Bankruptcy Code and CIRP Regulations. The Applicant's claims were dismissed, affirming the RP's stance on the inadmissibility of the claims. Case-Laws Insolvency and Bankruptcy Thu, 30 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384783