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    <title>2025 (11) TMI 1344 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH: NEW DELHI</title>
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    <description>A claimant seeking recognition as a financial creditor must prove actual, verifiable disbursement through reliable documentary evidence; uncorroborated cheque and cash assertions, conflicting possession claims, and inconsistency with a registered sale agreement are insufficient. Where the record shows material contradictions and no admitted claim capable of being acted on, refusal of relief is justified. A claim that was not crystallized or admitted within the CIRP cannot be revived after approval and finality of the resolution plan, as reopening the process would undermine the finality of the resolution framework.</description>
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