https://www.taxtmi.com/caselaws?id=767301 NCLAT Chennai dismissed an appeal challenging the rejection of recall applications against an approved resolution plan. The Tribunal condoned the delay in filing but held that once the resolution plan approval order dated 30.05.2022 was affirmed by appellate courts and the appeal process concluded with the appellant's withdrawal before the SC, the order attained finality. The Tribunal ruled that subsequent recall applications claiming fraud were not maintainable as the judgment had been stamped and finalized through the appellate process, precluding further challenge regardless of when fraud knowledge was acquired. en-us Fri, 28 Feb 2025 00:00:00 +0530 Sat, 15 Mar 2025 08:41:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767301 NCLAT Chennai dismissed an appeal challenging the rejection of recall applications against an approved resolution plan. The Tribunal condoned the delay in filing but held that once the resolution plan approval order dated 30.05.2022 was affirmed by appellate courts and the appeal process concluded with the appellant's withdrawal before the SC, the order attained finality. The Tribunal ruled that subsequent recall applications claiming fraud were not maintainable as the judgment had been stamped and finalized through the appellate process, precluding further challenge regardless of when fraud knowledge was acquired. Case-Laws IBC Fri, 28 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767301