The Applicant, an operational creditor, supplied furnace oil to the Corporate Debtor, Techno Forge Limited, and obtained a civil court decree for outstanding dues. Despite the Corporate Debtor's Corporate Insolvency Resolution Process (CIRP) commencing and a resolution plan being approved, the Applicant failed to file its claim in Form-B within the prescribed period, citing medical reasons and lack of actual notice. An earlier application for similar reliefs was withdrawn. The current application seeks to admit the claim under an existing contingency-liability mechanism within the approved resolution plan, without seeking to reopen or modify the plan.

The Applicant, an operational creditor, supplied furnace oil to the Corporate Debtor, Techno Forge Limited, and obtained a civil court decree for outstanding dues. Despite the Corporate Debtor's Corporate Insolvency Resolution Process (CIRP) commencing and a resolution plan being approved, the Applicant failed to file its claim in Form-B within the prescribed period, citing medical reasons and lack of actual notice. An earlier application for similar reliefs was withdrawn. The current application seeks to admit the claim under an existing contingency-liability mechanism within the approved resolution plan, without seeking to reopen or modify the plan.