Resolution Professional's Claim Decision Upheld; No Increase in Claim Amount Approved by Appellate Tribunal.

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Full Text of the Document

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....Non-admission of full claim by RP - The NCLAT observes that the RP admitted the appellant's claim based on assured returns, which were revised in accordance with directions from the Adjudicating Authority. The court finds no grounds to interfere with the RP's decision and upholds the rejection of the appellant's plea for further enhancement of the claim.....