https://www.taxtmi.com/caselaws?id=437209 The Tribunal allowed the appeal, setting aside the reduction of the claim by the Resolution Professional and directing distribution to the Appellant without affecting other creditors. The Tribunal held that the Resolution Applicant must bear any additional payment to the Appellant. The Tribunal rejected the application for modification and clarification, stating that the prayers made were beyond its jurisdiction under Rule 11, emphasizing that errors can be corrected but clear directions in a judgment cannot be modified. en-us Fri, 28 Apr 2023 00:00:00 +0530 Mon, 01 May 2023 09:08:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437209 The Tribunal allowed the appeal, setting aside the reduction of the claim by the Resolution Professional and directing distribution to the Appellant without affecting other creditors. The Tribunal held that the Resolution Applicant must bear any additional payment to the Appellant. The Tribunal rejected the application for modification and clarification, stating that the prayers made were beyond its jurisdiction under Rule 11, emphasizing that errors can be corrected but clear directions in a judgment cannot be modified. Case-Laws Insolvency and Bankruptcy Fri, 28 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437209