Appellant's Claim Dismissed as Time-Barred Post-Resolution Plan; Committee of Creditors' Decision Stands Unchallenged by Tribunal.

Appellant's Claim Dismissed as Time-Barred Post-Resolution Plan; Committee of Creditors' Decision Stands Unchallenged by Tribunal. https://www.taxtmi.com/highlights?id=66506 Consideration of claim of appellant, after the resolution plan is approved - time limitation - It is well settled that the commercial wisdom of the Committee of Creditors is paramount and cannot be interfered with by the Adjudicating Authority or this Tribunal - Admittedly, the Appellant has not filed its claim within the time and the claim is time barred. - AT en-us Sat, 12 Nov 2022 12:03:12 +0530 Sat, 12 Nov 2022 12:03:12 +0530 TaxTMI RSS Generator Appellant's Claim Dismissed as Time-Barred Post-Resolution Plan; Committee of Creditors' Decision Stands Unchallenged by Tribunal. https://www.taxtmi.com/highlights?id=66506 Consideration of claim of appellant, after the resolution plan is approved - time limitation - It is well settled that the commercial wisdom of the Committee of Creditors is paramount and cannot be interfered with by the Adjudicating Authority or this Tribunal - Admittedly, the Appellant has not filed its claim within the time and the claim is time barred. - AT Highlights Insolvency and Bankruptcy Sat, 12 Nov 2022 12:03:12 +0530 https://www.taxtmi.com/highlights?id=66506