2019 (4) TMI 1011

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..... st the Corporate Debtor are settled by way of Resolution Plan whereby further claims cannot be entertained against the Corporate Debtor running under management of Resolution Applicant - thus application is belatedly filed when cause of action is no more sustainable against this Corporate Debtor which has already undergone restructuring through Resolution Plan approved by this Bench. The applic .....

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..... s stated that Resolution Plan was approved way back on 24.07.2018; whereas this application assailing the rejection of their claims has been filed after efflux of more than six months from the date of the approval of the Resolution Plan. 3. It is trite that once Resolution Plan is approved, it is deemed as all claims pending against the Corporate Debtor are settled by way of Resolution Plan whe .....

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..... hrough Resolution Plan approved by this Bench. 6. When this Bench is about to conclude this order, the Applicants counsel raised another point saying that since supply was made during CIRP period, special treatment is to be given to this claim segregating it from other claims pending against the Corporate Debtor as on the date of admission of the corporate debtor to CIRP, to which the Counsel f .....

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