The application was filed by Mr. Kapish Gupta seeking directions to the Resolution Professional to admit the claim of the Applicant. The Committee of Creditors had approved the Resolution Plan in its 11th meeting held on 07.05.2021 with 90.66% votes. The Applicant filed the claim on 31.03.2021 after the approval of the Resolution Plan by the Committee of Creditors.
Mr. Kapish Gupta filed an application seeking directions to the Resolution Professional to admit his claim. The Committee of Creditors (CoC) approved a Resolution Plan on 07.05.2021 with 90.66% of the votes. Mr. Gupta filed his claim on 31.03.2021, which was after the CoC had already approved the Resolution Plan. The Resolution Professional had reflected the unit for which the claim was filed in the list of flats. The NCLAT in Puneet Kaur versus M/s. K.V. Developers Private Limited held that claims filed after the approval of the Resolution Plan cannot be admitted. This precedent is relevant because it establishes a legal principle that impacts the admissibility of Mr. Gupta's claim.
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The Committee of Creditors approved the…
Mr. Kapish Gupta filed his claim after the…
The application was filed by Mr. Kapish Gupta seeking directions to the Resolution Professional to admit the claim of the Applicant. The Committee of Creditors had approved the Resolution Plan in its 11th meeting held on 07.05.2021 with 90.66% votes. The Applicant filed the claim on 31.03.2021 after the approval of the Resolution Plan by the Committee of Creditors.
Mr. Kapish Gupta filed an application seeking directions to the Resolution Professional to admit his claim. The Committee of Creditors (CoC) approved a Resolution Plan on 07.05.2021 with 90.66% of the votes. Mr. Gupta filed his claim on 31.03.2021, which was after the CoC had already approved the Resolution Plan. The Resolution Professional had reflected the unit for which the claim was filed in the list of flats. The NCLAT in Puneet Kaur versus M/s. K.V. Developers Private Limited held that claims filed after the approval of the Resolution Plan cannot be admitted. This precedent is relevant because it establishes a legal principle that impacts the admissibility of Mr. Gupta's claim.
The Committee of Creditors approved the…
Mr. Kapish Gupta filed his claim after the…