Late Claim Filed Post-CoC Approval in CIRP Risks Disrupting Timelines and Delaying Proceedings per IBC Regulations.

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....CIRP - Belated claim filed - Resolution Plan has already been approved by the CoC and is pending consideration of the Adjudicating Authority - In IBC, where time-lines are well laid down, any indulgence shown by way of belated admittance of claim is likely to jeopardise the CIRP and set the clock back which certainly is not the intent and purpose of the IBC. - AT....