https://www.taxtmi.com/caselaws?id=438843 The appeal was dismissed by the Tribunal as the Adjudicating Authority's rejection of the Condonation of Delay in filing the Claim was upheld. The Appellant's arguments regarding the delay not being willful and the Claim being classified as Financial Debt were not accepted. The Tribunal emphasized the importance of adhering to strict timelines under the Insolvency and Bankruptcy Code and found the reasons provided by the Appellant insufficient to justify the delay. Consequently, the Appeal was dismissed without costs awarded. en-us Thu, 08 Jun 2023 00:00:00 +0530 Fri, 09 Jun 2023 09:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438843 The appeal was dismissed by the Tribunal as the Adjudicating Authority's rejection of the Condonation of Delay in filing the Claim was upheld. The Appellant's arguments regarding the delay not being willful and the Claim being classified as Financial Debt were not accepted. The Tribunal emphasized the importance of adhering to strict timelines under the Insolvency and Bankruptcy Code and found the reasons provided by the Appellant insufficient to justify the delay. Consequently, the Appeal was dismissed without costs awarded. Case-Laws Insolvency and Bankruptcy Thu, 08 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438843