https://www.taxtmi.com/caselaws?id=763571 Approved resolution plans attain finality and bind the corporate debtor and all stakeholders, so belated gratuity claims cannot be revived unless there is material showing genuine non-implementation of the plan by the successful resolution applicant. Here, no breach, default, or failure in implementation was established, and the claimed dues were not shown to form part of the approved implementation framework. Regulation 39(9) permits directions only in cases of real grievance over non-implementation, not to introduce post facto claims or modify a final plan without Committee of Creditors consideration. The direction to pay gratuity dues was therefore unsustainable, and the adjudicating authority lacked jurisdiction to revive the claims. en-us Wed, 18 Dec 2024 00:00:00 +0530 Sat, 21 Dec 2024 13:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763571 Approved resolution plans attain finality and bind the corporate debtor and all stakeholders, so belated gratuity claims cannot be revived unless there is material showing genuine non-implementation of the plan by the successful resolution applicant. Here, no breach, default, or failure in implementation was established, and the claimed dues were not shown to form part of the approved implementation framework. Regulation 39(9) permits directions only in cases of real grievance over non-implementation, not to introduce post facto claims or modify a final plan without Committee of Creditors consideration. The direction to pay gratuity dues was therefore unsustainable, and the adjudicating authority lacked jurisdiction to revive the claims. Case-Laws IBC Wed, 18 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763571