Madras HC: Police Superintendent not Liable For IO’s Delay In Filing Chargesheet or Closure Report  ||  Supreme Court: Provident Fund Dues Have Priority over a Bank’s Claim under the SARFAESI Act  ||  SC Holds Landowners Who Accept Compensation Settlements Cannot Later Seek Statutory Benefits  ||  Supreme Court: Endless Investigations and Long Delays in Chargesheets Can Justify Quashing  ||  Delhi HC: Arbitrator Controls Evidence and Appellate Courts Cannot Reassess Facts  ||  Delhi HC: ED Can Search Anyone Holding Crime Proceeds, not Just Those Named in Complaint  ||  Delhi HC: ED Can Search Anyone Holding Crime Proceeds, not Just Those Named in Complaint  ||  Delhi HC: Economic Offender Cannot Seek Travel Abroad For Medical Treatment When Available In India  ||  SC: Governors and President Have No Fixed Timeline To Assent To Bills; “Deemed Assent” is Invalid  ||  SC: Assigning a Decree For Specific Performance of a Sale Agreement Does Not Require Registration    

NCLAT: Can’t Submit Claim after Approval of RP if Creditor was Aware of Initiation of CIRP - (05 May 2025)

INSOLVENCY

NCLAT New Delhi bench has held that a creditor cannot submit a claim after the Resolution Plan has been approved by the Committee of Creditors if the creditor was well aware of the initiation of the Corporate Insolvency Resolution Process (CIRP) against the corporate debtor.

Tags : NCLAT NEW DELHI   CIRP   RESOLUTION PLAN  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved