NCLT Chandigarh Dismisses Bharat Food Claims Against White Water

NCLT Chandigarh dismisses applications by Bharat Food and Kamal Kant Dewan seeking payment of Rs 4.59 crore and Rs 52.79 lakh claims from White Water Hospitality.
Tribunal rules CIRP was conclusively ended by Supreme Court order after White Water settled with initiating creditor VIR Foods for Rs 52.64 lakh.
Claims filed during CIRP cannot be entertained post-termination as IBC is not a recovery mechanism; applicants free to pursue other legal remedies.
Tribunal notes Kamal Kant Dewan held conflicting roles as creditor and CD director, potentially compromising CoC independence during CIRP process.