https://www.taxtmi.com/caselaws?id=449940 NCLAT dismissed appeal seeking condonation of 1197-day delay in filing claims under Form-CA. Appellant filed claims on 29.03.2023, over 1.5 years after CoC approved Resolution Plan on 13.08.2021. Tribunal relied on SC precedent in RPS Infrastructure Ltd. v. Mukul Kumar, where 287-day delayed claim was rejected post-Resolution Plan approval. NCLAT held no error by Adjudicating Authority in rejecting delayed applications, noting Resolution Plan already approved by order dated 23.06.2023. Appeal dismissed as claims filed substantially after Resolution Plan approval by CoC. en-us Wed, 21 Feb 2024 00:00:00 +0530 Thu, 22 Feb 2024 17:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449940 NCLAT dismissed appeal seeking condonation of 1197-day delay in filing claims under Form-CA. Appellant filed claims on 29.03.2023, over 1.5 years after CoC approved Resolution Plan on 13.08.2021. Tribunal relied on SC precedent in RPS Infrastructure Ltd. v. Mukul Kumar, where 287-day delayed claim was rejected post-Resolution Plan approval. NCLAT held no error by Adjudicating Authority in rejecting delayed applications, noting Resolution Plan already approved by order dated 23.06.2023. Appeal dismissed as claims filed substantially after Resolution Plan approval by CoC. Case-Laws Insolvency and Bankruptcy Wed, 21 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449940