Revision of claim towards salary after the approval of ...

Applicant's Late Salary Claim Rightly Dismissed Post-CoC Resolution Plan Approval; Delay From December 2020 Order Not Justified.

March 9, 2021

Case Laws Insolvency and Bankruptcy Tri

Revision of claim towards salary after the approval of resolution plan - The Applicant had very conveniently decided to sleep over his right from the order dated 14.12.2020. It is only at this ripe stage when the CoC has already approved the Resolution Plan that the Applicant suddenly decided to make his claim again. Hence there is no error in not considering the claim of applicant submitted after the time allowed, that too after the CoC meeting. - Tri

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Revision of claim towards salary after the approval of ...

Applicant's Late Salary Claim Rightly Dismissed Post-CoC Resolution Plan Approval; Delay From December 2020 Order Not Justified.

March 9, 2021

Case Laws Insolvency and Bankruptcy Tri

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