https://www.taxtmi.com/caselaws?id=771263 The NCLAT directed the Resolution Professional to admit a homebuyer's belated claim despite the Committee of Creditors approving the resolution plan. The tribunal distinguished homebuyers as non-commercial entities from commercial creditors, noting the appellant's liability was reflected in the Information Memorandum. The RP was ordered to submit claim details to the resolution applicant for preparation of an addendum to the resolution plan within three months. The tribunal held that homebuyers' claims reflected in corporate debtor records must be considered even when filed belatedly, provided the Adjudicating Authority has not yet approved the plan. en-us Wed, 14 May 2025 00:00:00 +0530 Fri, 23 May 2025 08:46:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771263 The NCLAT directed the Resolution Professional to admit a homebuyer's belated claim despite the Committee of Creditors approving the resolution plan. The tribunal distinguished homebuyers as non-commercial entities from commercial creditors, noting the appellant's liability was reflected in the Information Memorandum. The RP was ordered to submit claim details to the resolution applicant for preparation of an addendum to the resolution plan within three months. The tribunal held that homebuyers' claims reflected in corporate debtor records must be considered even when filed belatedly, provided the Adjudicating Authority has not yet approved the plan. Case-Laws IBC Wed, 14 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771263