https://www.taxtmi.com/caselaws?id=783227 The NCLAT set aside the adjudicating authority's order rejecting the applicant's Form C claim in the CIRP of the CD and remanded the matter for fresh consideration. It held that the NCLT had adopted a casual approach by upholding the RP's rejection of the claim as time-barred without examining relevant dates, correspondence, evidence, or the clauses of the buyer insurance policy. The Tribunal found that no reasoned analysis was undertaken on limitation or on the alleged unjust enrichment from indemnity received under the foreign insurance coverage. With both respondents conceding remand was appropriate, the NCLAT directed the NCLT to reconsider all issues afresh on merits. en-us Thu, 04 Dec 2025 00:00:00 +0530 Fri, 12 Dec 2025 08:55:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783227 The NCLAT set aside the adjudicating authority's order rejecting the applicant's Form C claim in the CIRP of the CD and remanded the matter for fresh consideration. It held that the NCLT had adopted a casual approach by upholding the RP's rejection of the claim as time-barred without examining relevant dates, correspondence, evidence, or the clauses of the buyer insurance policy. The Tribunal found that no reasoned analysis was undertaken on limitation or on the alleged unjust enrichment from indemnity received under the foreign insurance coverage. With both respondents conceding remand was appropriate, the NCLAT directed the NCLT to reconsider all issues afresh on merits. Case-Laws IBC Thu, 04 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783227