https://www.taxtmi.com/caselaws?id=408762 The appeal challenging the Impugned Order allowing the Resolution Plan without considering a claim for operational dues was dismissed. The court emphasized the importance of including statutory dues in the Resolution Plan to avoid their extinguishment as per relevant Insolvency and Bankruptcy Code provisions. The failure to follow prescribed procedures for filing operational debt claims within specified time limits resulted in the claim not being included in the Resolution Plan. The dismissal of the appeal underscored the significance of procedural compliance and timely filing of claims under the IBC. en-us Fri, 11 Jun 2021 00:00:00 +0530 Mon, 21 Jun 2021 09:34:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408762 The appeal challenging the Impugned Order allowing the Resolution Plan without considering a claim for operational dues was dismissed. The court emphasized the importance of including statutory dues in the Resolution Plan to avoid their extinguishment as per relevant Insolvency and Bankruptcy Code provisions. The failure to follow prescribed procedures for filing operational debt claims within specified time limits resulted in the claim not being included in the Resolution Plan. The dismissal of the appeal underscored the significance of procedural compliance and timely filing of claims under the IBC. Case-Laws Insolvency and Bankruptcy Fri, 11 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408762