Case Law Analysis
|National Company Law Appellate Tribunal
IBC Section 30(2) | Successful Resolution Applicant Cannot Impose New Claim Verification After 60-Day Window; RP's Admission Is Final : NCLAT
The NCLAT has ruled that once a Resolution Professional admits a homebuyer's claim within the statutory 60-day window under the approved Resolution Plan, the Successful Resolution Applicant cannot later demand re-verification or impose additional documentation requirements. This upholds the finality of the RP's assessment and protects homebuyers from post-approval procedural delays, reinforcing the IBC's goal of time-bound resolution.