https://www.taxtmi.com/caselaws?id=760084 The NCLAT dismissed an appeal challenging a resolution plan's approval where the appellant claimed stamp duty payments were mandatory for clear property title. The appellant filed claims 30 months after public announcement without adequate justification for the delay, despite being informed in February 2021. The tribunal noted the resolution plan was approved by CoC and Adjudicating Authority before the belated claim submission. Out of total claims of Rs. 1695.85 crores, Rs. 1672.08 crores were admitted, with the successful resolution applicant proposing Rs. 138.15 crores infusion. The appeal lacked merit as the resolution plan was already implemented. en-us Mon, 20 May 2024 00:00:00 +0530 Tue, 15 Oct 2024 12:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760084 The NCLAT dismissed an appeal challenging a resolution plan's approval where the appellant claimed stamp duty payments were mandatory for clear property title. The appellant filed claims 30 months after public announcement without adequate justification for the delay, despite being informed in February 2021. The tribunal noted the resolution plan was approved by CoC and Adjudicating Authority before the belated claim submission. Out of total claims of Rs. 1695.85 crores, Rs. 1672.08 crores were admitted, with the successful resolution applicant proposing Rs. 138.15 crores infusion. The appeal lacked merit as the resolution plan was already implemented. Case-Laws IBC Mon, 20 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760084