https://www.taxtmi.com/caselaws?id=401485 The National Company Law Appellate Tribunal dismissed three appeals challenging the approval of the Resolution Plan for 'New Phaltan Sugar Works Limited' in the Corporate Insolvency Resolution Process of 'Shri Dutt India Pvt. Ltd.' The Tribunal upheld the rejection of claims by the Appellants, emphasizing their failure to adhere to timelines for filing claims and provide sufficient documentary evidence. The Appellants' requests for consideration of claims post-CIRP approval were denied, as they missed the prescribed deadlines during the insolvency process. The appeals were dismissed due to lack of merit, as the CIRP had concluded with the Resolution Plan's approval. en-us Fri, 04 Dec 2020 00:00:00 +0530 Wed, 09 Dec 2020 10:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401485 The National Company Law Appellate Tribunal dismissed three appeals challenging the approval of the Resolution Plan for 'New Phaltan Sugar Works Limited' in the Corporate Insolvency Resolution Process of 'Shri Dutt India Pvt. Ltd.' The Tribunal upheld the rejection of claims by the Appellants, emphasizing their failure to adhere to timelines for filing claims and provide sufficient documentary evidence. The Appellants' requests for consideration of claims post-CIRP approval were denied, as they missed the prescribed deadlines during the insolvency process. The appeals were dismissed due to lack of merit, as the CIRP had concluded with the Resolution Plan's approval. Case-Laws Insolvency and Bankruptcy Fri, 04 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401485