https://www.taxtmi.com/caselaws?id=302671 The Tribunal rejected the applicant's claim seeking directions for claim realization against the Corporate Debtor under Section 60 (5) of IBC. The Resolution Professional's actions were deemed compliant with IBC provisions, despite the applicant's allegations of non-receipt of payment and untimely filing of claims. The Tribunal emphasized the importance of timely claim submission before accepting a Resolution Plan. The applicant's prayer to set aside the Resolution Plan or direct payment of dues was denied, and the application was dismissed without costs. en-us Fri, 27 Nov 2020 00:00:00 +0530 Fri, 10 Jun 2022 20:39:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302671 The Tribunal rejected the applicant's claim seeking directions for claim realization against the Corporate Debtor under Section 60 (5) of IBC. The Resolution Professional's actions were deemed compliant with IBC provisions, despite the applicant's allegations of non-receipt of payment and untimely filing of claims. The Tribunal emphasized the importance of timely claim submission before accepting a Resolution Plan. The applicant's prayer to set aside the Resolution Plan or direct payment of dues was denied, and the application was dismissed without costs. Case-Laws Insolvency and Bankruptcy Fri, 27 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302671