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    <title>2021 (6) TMI 241 - NATIONAL COMPANY LAW TRIBUNAL , CHENNAI BENCH</title>
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    <description>A claim based on an unregistered 1995 agreement for sale was rejected as a stale demand because no sale deed was registered and no contemporaneous material showed payment of consideration or pursuit of rights for over 25 years. The absence of legal notice, action, or documentary proof weighed against admission of the claim, and limitation principles under insolvency law supported the objection that the claim was hopelessly delayed. The claim was therefore treated as time-barred, unsupported by evidence, and not fit for admission.</description>
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      <description>A claim based on an unregistered 1995 agreement for sale was rejected as a stale demand because no sale deed was registered and no contemporaneous material showed payment of consideration or pursuit of rights for over 25 years. The absence of legal notice, action, or documentary proof weighed against admission of the claim, and limitation principles under insolvency law supported the objection that the claim was hopelessly delayed. The claim was therefore treated as time-barred, unsupported by evidence, and not fit for admission.</description>
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