Party's Delay in Filing Claims Leads to Loss of Financial Creditor Status in CIRP Case. https://www.taxtmi.com/highlights?id=71815 CIRP - Financial Creditor or not - Nothing prevented them from filing their claims but instead they chose to adopt a wait and watch strategy - having failed to file their claim in the appropriate format and in a timely manner due to their own negligence, they should be ready to suffer the consequences of late and improper filing. - AT en-us Mon, 04 Sep 2023 08:26:32 +0530 Mon, 04 Sep 2023 08:26:32 +0530 TaxTMI RSS Generator Party's Delay in Filing Claims Leads to Loss of Financial Creditor Status in CIRP Case. https://www.taxtmi.com/highlights?id=71815 CIRP - Financial Creditor or not - Nothing prevented them from filing their claims but instead they chose to adopt a wait and watch strategy - having failed to file their claim in the appropriate format and in a timely manner due to their own negligence, they should be ready to suffer the consequences of late and improper filing. - AT Highlights Insolvency and Bankruptcy Mon, 04 Sep 2023 08:26:32 +0530 https://www.taxtmi.com/highlights?id=71815