https://www.taxtmi.com/caselaws?id=770758 NCLAT allowed appeal of homebuyer seeking admission as financial creditor despite 287-day delay in filing claim. Court distinguished case from commercial entities, noting homebuyer's liability was reflected in Information Memorandum. Following Puneet Kaur precedent, NCLAT directed Resolution Professional to submit appellant's details to resolution applicant for preparing addendum to resolution plan for CoC consideration. Court emphasized undisputed claims in IM must be considered even if filed belatedly, particularly for non-commercial entities like homebuyers. Resolution plan pending AA approval allowed for such modification. en-us Wed, 14 May 2025 00:00:00 +0530 Fri, 16 May 2025 08:40:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770758 NCLAT allowed appeal of homebuyer seeking admission as financial creditor despite 287-day delay in filing claim. Court distinguished case from commercial entities, noting homebuyer's liability was reflected in Information Memorandum. Following Puneet Kaur precedent, NCLAT directed Resolution Professional to submit appellant's details to resolution applicant for preparing addendum to resolution plan for CoC consideration. Court emphasized undisputed claims in IM must be considered even if filed belatedly, particularly for non-commercial entities like homebuyers. Resolution plan pending AA approval allowed for such modification. Case-Laws IBC Wed, 14 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770758