Rejection of fresh claim after the approval of Resolution Plan - ...
New Claim Denied Post-Resolution Plan Approval; Timely Submission Crucial per Insolvency Regulations.
March 9, 2021
Case Laws Insolvency and Bankruptcy AT
Rejection of fresh claim after the approval of Resolution Plan - The claims are to be filed in response to public notice which RP/IRP issued. In such contingency, after the resolution plan has already been approved in March, 2020, fresh claim cannot be entertained in June, 2020. - AT
View Source