https://www.taxtmi.com/caselaws?id=290718 The Tribunal held that after the Committee of Creditors' approval of the resolution plan, the Resolution Professional lacked the authority to entertain new claims from creditors. Therefore, an application seeking directions against the Resolution Professional to accept a Proof of Claim was deemed not maintainable and rejected. Additionally, the Tribunal clarified that there is no provision allowing the Resolution Professional to accept claims post the CoC's approval of the resolution plan. Objections against the resolution plan were directed to be listed for a comprehensive hearing, with specific timelines for submissions and replies. en-us Tue, 04 Dec 2018 00:00:00 +0530 Tue, 13 Oct 2020 11:43:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290718 The Tribunal held that after the Committee of Creditors' approval of the resolution plan, the Resolution Professional lacked the authority to entertain new claims from creditors. Therefore, an application seeking directions against the Resolution Professional to accept a Proof of Claim was deemed not maintainable and rejected. Additionally, the Tribunal clarified that there is no provision allowing the Resolution Professional to accept claims post the CoC's approval of the resolution plan. Objections against the resolution plan were directed to be listed for a comprehensive hearing, with specific timelines for submissions and replies. Case-Laws Insolvency and Bankruptcy Tue, 04 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290718