https://www.taxtmi.com/caselaws?id=413887 The Tribunal dismissed the appeal filed by a Creditor under Section 42 of the Insolvency and Bankruptcy Code, 2016, against the Liquidator's rejection of the claim due to a delay in filing. The Tribunal found that the Appellant failed to demonstrate sufficient cause for the delay and filed the appeal beyond the specified timeframe. Emphasizing the importance of adhering to timelines in insolvency proceedings, the Tribunal upheld the rejection of the time-barred claim, highlighting the necessity to comply with established legal principles and deadlines in such processes. en-us Tue, 12 Oct 2021 00:00:00 +0530 Sat, 23 Oct 2021 07:52:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413887 The Tribunal dismissed the appeal filed by a Creditor under Section 42 of the Insolvency and Bankruptcy Code, 2016, against the Liquidator's rejection of the claim due to a delay in filing. The Tribunal found that the Appellant failed to demonstrate sufficient cause for the delay and filed the appeal beyond the specified timeframe. Emphasizing the importance of adhering to timelines in insolvency proceedings, the Tribunal upheld the rejection of the time-barred claim, highlighting the necessity to comply with established legal principles and deadlines in such processes. Case-Laws Insolvency and Bankruptcy Tue, 12 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413887