https://www.taxtmi.com/caselaws?id=769995 NCLAT dismissed the appeal challenging resolution plan approval. Appellant failed to file claim during CIRP despite being aware of proceedings through their own Delhi HC commercial suit. Section 9 application was previously rejected as debt couldn't constitute operational debt. After CoC approved resolution plan, appellant belatedly sought claim admission as financial debt. Tribunal held appellant's claim rightly classified as 'other creditor' due to absence of timely filing. Claims submitted post-resolution plan approval cannot be admitted in CIRP. Resolution Professional committed no breach of regulations. Adjudicating Authority's order allowing resolution plan contained no error. en-us Thu, 01 May 2025 00:00:00 +0530 Mon, 05 May 2025 08:37:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769995 NCLAT dismissed the appeal challenging resolution plan approval. Appellant failed to file claim during CIRP despite being aware of proceedings through their own Delhi HC commercial suit. Section 9 application was previously rejected as debt couldn't constitute operational debt. After CoC approved resolution plan, appellant belatedly sought claim admission as financial debt. Tribunal held appellant's claim rightly classified as 'other creditor' due to absence of timely filing. Claims submitted post-resolution plan approval cannot be admitted in CIRP. Resolution Professional committed no breach of regulations. Adjudicating Authority's order allowing resolution plan contained no error. Case-Laws IBC Thu, 01 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769995