https://www.taxtmi.com/caselaws?id=431777 The Tribunal dismissed the appeal as the Appellant failed to file any claim despite being aware of the Corporate Insolvency Resolution Process (CIRP) proceedings. The Tribunal held that the Appellant's statutory liability was not included in the resolution plan as they did not submit a claim, leading to the extinguishment of their dues. The decision in Rainbow Papers Ltd was deemed inapplicable due to the Appellant's failure to file a claim. The appeal was dismissed without costs based on the precedent that claims not included in the resolution plan are extinguished. en-us Tue, 20 Dec 2022 00:00:00 +0530 Wed, 21 Dec 2022 16:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431777 The Tribunal dismissed the appeal as the Appellant failed to file any claim despite being aware of the Corporate Insolvency Resolution Process (CIRP) proceedings. The Tribunal held that the Appellant's statutory liability was not included in the resolution plan as they did not submit a claim, leading to the extinguishment of their dues. The decision in Rainbow Papers Ltd was deemed inapplicable due to the Appellant's failure to file a claim. The appeal was dismissed without costs based on the precedent that claims not included in the resolution plan are extinguished. Case-Laws Insolvency and Bankruptcy Tue, 20 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431777