New claims cannot be admitted when COC approved resolution plan and pending for approval


Last updated: 09 May 2023

Court :
NCLT Mumbai Bench

Brief :
NCLT MUMBAI BENCH held that new claims cannot be admitted once Resolution Plan approved by Committee of Creditors and is pending before Adjudicating Authority for approval.

Citation :
BANK OF MAHARASHTRA Vs DS KULKARNI DEVELOPERS LTD

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