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    <description>The appeal was dismissed by the Tribunal as the Adjudicating Authority had to order liquidation due to the absence of an approved resolution plan within the stipulated period. The Tribunal emphasized the Liquidator&#039;s role in receiving, verifying, and deciding on claims during liquidation. The Appellant&#039;s claim could be made during liquidation if permissible by law and not previously decided. The judgment highlights the significance of adhering to prescribed procedures in the insolvency process, especially concerning claim verification and resolution by the Liquidator.</description>
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      <description>The appeal was dismissed by the Tribunal as the Adjudicating Authority had to order liquidation due to the absence of an approved resolution plan within the stipulated period. The Tribunal emphasized the Liquidator&#039;s role in receiving, verifying, and deciding on claims during liquidation. The Appellant&#039;s claim could be made during liquidation if permissible by law and not previously decided. The judgment highlights the significance of adhering to prescribed procedures in the insolvency process, especially concerning claim verification and resolution by the Liquidator.</description>
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