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    <title>2026 (5) TMI 18 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, PRINCIPAL BENCH, NEW DELHI</title>
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    <description>A belated insolvency claim filed after the public announcement and after approval of the resolution plan was held not to be entertainable. The record showed that the claimant had earlier stated its claim was fully and finally settled, and the claim was also absent from the corporate debtor&#039;s books. In a time-bound CIRP, such delayed claims cannot unsettle an approved plan or reopen the process when the claimant was aware of the proceedings but failed to act within the prescribed timeline. The rejection of the claim was therefore upheld and no interference was warranted.</description>
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      <link>https://www.taxtmi.com/caselaws?id=790816</link>
      <description>A belated insolvency claim filed after the public announcement and after approval of the resolution plan was held not to be entertainable. The record showed that the claimant had earlier stated its claim was fully and finally settled, and the claim was also absent from the corporate debtor&#039;s books. In a time-bound CIRP, such delayed claims cannot unsettle an approved plan or reopen the process when the claimant was aware of the proceedings but failed to act within the prescribed timeline. The rejection of the claim was therefore upheld and no interference was warranted.</description>
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