https://www.taxtmi.com/caselaws?id=784903 Regulation 12 of the IBBI CIRP Regulations was treated as directory, not mandatory, for filing proof of claim. A delayed claim for interest and damages under the Employees' Provident Funds and Miscellaneous Provisions Act could not be rejected solely as time-barred when statutory dues remained payable and reasons for delay were shown. The prior rejection based only on delay and progress of the resolution process was unsustainable, and the claim had to be reconsidered on its merits. en-us Thu, 13 Nov 2025 00:00:00 +0530 Tue, 13 Jan 2026 12:52:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784903 Regulation 12 of the IBBI CIRP Regulations was treated as directory, not mandatory, for filing proof of claim. A delayed claim for interest and damages under the Employees' Provident Funds and Miscellaneous Provisions Act could not be rejected solely as time-barred when statutory dues remained payable and reasons for delay were shown. The prior rejection based only on delay and progress of the resolution process was unsustainable, and the claim had to be reconsidered on its merits. Case-Laws IBC Thu, 13 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784903