<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2022 (3) TMI 1626 - NATIONAL COMPANY LAW TRIBUNAL , CHANDIGARH BENCH</title>
    <link>https://www.taxtmi.com/caselaws?id=301249</link>
    <description>The Tribunal dismissed the application seeking a copy of the Resolution Plan, admission of the applicant&#039;s claim, and consideration of a revised plan. The Tribunal found that the claim was submitted well beyond the stipulated time, which would disrupt the Corporate Insolvency Resolution Process (CIRP) timeline and potentially lead to the failure of the Resolution Plan. Emphasizing the importance of adhering to the CIRP timeline to achieve the objectives of the Insolvency and Bankruptcy Code, the Tribunal ruled against the applicant.</description>
    <language>en-us</language>
    <pubDate>Mon, 21 Mar 2022 00:00:00 +0530</pubDate>
    <lastBuildDate>Mon, 28 Mar 2022 12:21:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=673570" rel="self" type="application/rss+xml"/>
    <item>
      <title>2022 (3) TMI 1626 - NATIONAL COMPANY LAW TRIBUNAL , CHANDIGARH BENCH</title>
      <link>https://www.taxtmi.com/caselaws?id=301249</link>
      <description>The Tribunal dismissed the application seeking a copy of the Resolution Plan, admission of the applicant&#039;s claim, and consideration of a revised plan. The Tribunal found that the claim was submitted well beyond the stipulated time, which would disrupt the Corporate Insolvency Resolution Process (CIRP) timeline and potentially lead to the failure of the Resolution Plan. Emphasizing the importance of adhering to the CIRP timeline to achieve the objectives of the Insolvency and Bankruptcy Code, the Tribunal ruled against the applicant.</description>
      <category>Case-Laws</category>
      <law>Insolvency and Bankruptcy</law>
      <pubDate>Mon, 21 Mar 2022 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=301249</guid>
    </item>
  </channel>
</rss>