NCLT Dismisses Dilip Yadav's Belated Insolvency Claim

NCLT Indore Bench dismisses homebuyer Dilip Yadav's application seeking inclusion in the approved resolution plan for JSM Devcons India Pvt Ltd.
Applicant paid full consideration of Rs 42.85 lakh for flat but failed to submit claim during CIRP despite public announcements.
Tribunal upholds finality of resolution plan approved on 05.04.2024, citing Supreme Court precedents on claim extinguishment post-approval.
Order emphasizes legal principle that law assists vigilant stakeholders, not those who sleep on their rights.