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2020 (11) TMI 1026 - Tri - Insolvency and BankruptcyRejection of claim of creditors - applicants entered into agreements with the Corporate Debtor or paid money to the Corporate Debtor for allotment of flats or not - Financial Creditors or not - HELD THAT:- Now, when the resolution plan was approved by the CoC on 30.08.2020, the RP says, perhaps having realized in case he remained as financial creditor in class, he would not get on par with independent financial creditors, the Applicant therefore changed his mind and has filed Form-C application on 03.09.2020, i.e., after plan was approved by the CoC. For this Applicant himself filed Form-CA application and the same being admitted by the RP without any change, thereafter having this Applicant kept quiet for more than seven months, now he cannot subsequently, that too after plan was approved by the CoC, change his mind and ask alteration of his status as separate financial creditor - Application dismissed.
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