https://www.taxtmi.com/caselaws?id=284795 The Tribunal emphasized the necessity of providing notice to Financial Creditors for objection to late claims submitted after the specified deadline in an insolvency case. The judgment highlighted the importance of ensuring Financial Creditors have an opportunity to express objections to claims filed post the claim submission date, particularly in the absence of a constituted Committee of Creditors. The Tribunal directed the Insolvency Resolution Professional to issue notices to Financial Creditors, emphasizing adherence to statutory requirements under the Insolvency and Bankruptcy Code, 2016. en-us Fri, 09 Aug 2019 00:00:00 +0530 Tue, 10 Dec 2019 20:22:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284795 The Tribunal emphasized the necessity of providing notice to Financial Creditors for objection to late claims submitted after the specified deadline in an insolvency case. The judgment highlighted the importance of ensuring Financial Creditors have an opportunity to express objections to claims filed post the claim submission date, particularly in the absence of a constituted Committee of Creditors. The Tribunal directed the Insolvency Resolution Professional to issue notices to Financial Creditors, emphasizing adherence to statutory requirements under the Insolvency and Bankruptcy Code, 2016. Case-Laws Companies Law Fri, 09 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284795