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    <title>2025 (10) TMI 818 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL AT CHENNAI</title>
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    <description>NCLAT dismissed the company appeal and confirmed the impugned order upholding the resolution plan. The Tribunal held that treating a contingent claim as an ordinary claim and the Resolution Professional&#039;s classification were permissible, and the plan&#039;s 24-month cap for creditors to crystallize claims was valid. The decision follows and is constrained by the Principal Bench&#039;s prior rulings on similar consolidated appeals, leaving no substantive issue for separate determination in this appeal.</description>
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      <description>NCLAT dismissed the company appeal and confirmed the impugned order upholding the resolution plan. The Tribunal held that treating a contingent claim as an ordinary claim and the Resolution Professional&#039;s classification were permissible, and the plan&#039;s 24-month cap for creditors to crystallize claims was valid. The decision follows and is constrained by the Principal Bench&#039;s prior rulings on similar consolidated appeals, leaving no substantive issue for separate determination in this appeal.</description>
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