Pre-CIRP Dues & Claims Extinguishes Post Approval of Resolution Plan: NCLAT Delhi

n a significant ruling, the National Company Law Appellate Tribunal (NCLAT) Delhi has clarified that all pre-CIRP (Corporate Insolvency Resolution Process) dues and claims are extinguished after the approval of the resolution plan. This decision impacts creditors, operational claimants, and stakeholders involved in insolvency proceedings.

In this video, we cover:
✅ What are Pre-CIRP Dues & Claims?
✅ Key Highlights of the NCLAT Delhi Judgment
✅ Impact on Creditors, Financial Institutions & Businesses
✅ Legal Precedents & Interpretations under the IBC (Insolvency and Bankruptcy Code)
✅ Future Implications for Insolvency Cases

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