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    <title>2021 (3) TMI 1123 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL NEW DELHI</title>
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    <description>The Tribunal upheld the rejection of the Appellant&#039;s claim due to delay in filing, emphasizing the importance of timeliness in the Corporate Insolvency Resolution Process (CIRP). The Adjudicating Authority&#039;s approval of the Resolution Plan was deemed appropriate to prevent further deterioration of the Corporate Debtor. The cited case laws were found irrelevant to the case, leading to the dismissal of the appeal with no costs awarded.</description>
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      <description>The Tribunal upheld the rejection of the Appellant&#039;s claim due to delay in filing, emphasizing the importance of timeliness in the Corporate Insolvency Resolution Process (CIRP). The Adjudicating Authority&#039;s approval of the Resolution Plan was deemed appropriate to prevent further deterioration of the Corporate Debtor. The cited case laws were found irrelevant to the case, leading to the dismissal of the appeal with no costs awarded.</description>
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