https://www.taxtmi.com/caselaws?id=386620 The appeal against the Adjudicating Authority's order, affirming the rejection of the Appellant's claim by the Resolution Professional, was dismissed by the National Company Law Appellate Tribunal. The rejection was based on the claim being related to a sister concern of the Corporate Debtor, which was upheld by the Adjudicating Authority. Despite a decree in a commercial suit against the sister concern, the claim was rejected. The appeal faced a delay in filing, and the Tribunal dismissed it as time-barred, as the delay exceeded the permissible limit under Section 61. en-us Fri, 05 Jul 2019 00:00:00 +0530 Fri, 04 Oct 2019 09:52:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386620 The appeal against the Adjudicating Authority's order, affirming the rejection of the Appellant's claim by the Resolution Professional, was dismissed by the National Company Law Appellate Tribunal. The rejection was based on the claim being related to a sister concern of the Corporate Debtor, which was upheld by the Adjudicating Authority. Despite a decree in a commercial suit against the sister concern, the claim was rejected. The appeal faced a delay in filing, and the Tribunal dismissed it as time-barred, as the delay exceeded the permissible limit under Section 61. Case-Laws Insolvency and Bankruptcy Fri, 05 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386620