https://www.taxtmi.com/caselaws?id=760084 A belated stamp duty claim filed nearly 30 months after the public announcement in CIRP was held not entertainable, because the resolution plan had already been approved and specifically dealt with statutory dues, including stamp duty liabilities. The Tribunal applied the clean slate principle and held that reopening the resolution process after approval would defeat timely resolution under insolvency law. It also found that filing the claim in the wrong form did not excuse the unexplained delay. The moratorium was held to bar continuation of such proceedings against the corporate debtor, and the approved resolution plan was left undisturbed. en-us Mon, 20 May 2024 00:00:00 +0530 Tue, 15 Oct 2024 12:54:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760084 A belated stamp duty claim filed nearly 30 months after the public announcement in CIRP was held not entertainable, because the resolution plan had already been approved and specifically dealt with statutory dues, including stamp duty liabilities. The Tribunal applied the clean slate principle and held that reopening the resolution process after approval would defeat timely resolution under insolvency law. It also found that filing the claim in the wrong form did not excuse the unexplained delay. The moratorium was held to bar continuation of such proceedings against the corporate debtor, and the approved resolution plan was left undisturbed. Case-Laws IBC Mon, 20 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760084