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    <title>2022 (4) TMI 263 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI</title>
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    <description>The tribunal affirmed the Adjudicating Authority&#039;s decision to dismiss the appellant&#039;s appeal under Section 61 of the Insolvency and Bankruptcy Code, 2016. The appeal, based on a claim amount of USD 645,850.33, was rejected due to untimely filing during the Corporate Insolvency Resolution Process. The tribunal emphasized adherence to the time-bound resolution process, citing a Supreme Court judgment to support its ruling. The appeal was dismissed as lacking merit, underscoring the significance of timely claim submissions in insolvency proceedings.</description>
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      <description>The tribunal affirmed the Adjudicating Authority&#039;s decision to dismiss the appellant&#039;s appeal under Section 61 of the Insolvency and Bankruptcy Code, 2016. The appeal, based on a claim amount of USD 645,850.33, was rejected due to untimely filing during the Corporate Insolvency Resolution Process. The tribunal emphasized adherence to the time-bound resolution process, citing a Supreme Court judgment to support its ruling. The appeal was dismissed as lacking merit, underscoring the significance of timely claim submissions in insolvency proceedings.</description>
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