# In the matter of Export Import Bank of India Vs Resolution Professional JEKPL Pvt. Ltd.

> NCLAT judgment dated 2017-12-08. Citation: TCN-2017-NCLAT-00018. The case involves a Company Appeal (AT) (Insolvency) No. 304 of 2017 before the National…

- **Court:** NCLAT
- **Order date:** 8 Dec 2017
- **Citation:** TCN-2017-NCLAT-00018
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/export-import-bank-of-india-vs-resolution-professional-jekpl-pvt-ltd-81d4b2cd

## Summary

### Background

The case involves a Company Appeal (AT) (Insolvency) No. 304 of 2017 before the National Company Law Appellate Tribunal (NCLAT), New Delhi. Export Import Bank of India is the appellant, and Resolution Professional, JEKPL Pvt. Ltd. is the respondent. The case pertains to an insolvency matter.

## Facts

Export Import Bank of India filed a Company Appeal (AT) (Insolvency) No. 304 of 2017 against Resolution Professional, JEKPL Pvt. Ltd. The respondent's counsel accepted the notice. The court instructed the respondent to file a reply by December 13, 2017. The Resolution Professional was directed to consider the appellant's claim and notify the Committee of Creditors and the Adjudicating Authority. The case was scheduled for further hearing on December 14, 2017, along with another related case.

## Issues and analysis

### Issue 1: Whether the Resolution Professional should consider the claim of the appellant and bring it to the …

**Ratio:** The Resolution Professional has a duty to consider the claims of creditors and to act in

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**Reasoning:** The court directed the Resolution Professional to consider the claim of the appellant and

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**Interpretation:** This directive underscores the importance of the Resolution Professional's role

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**Application:** The Resolution Professional, JEKPL Pvt. Ltd., is required to evaluate the claim

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## Parties

- **Judges:** S.J. Mukhop…; Bansi Lal…; +1 more
- **Appellants:** Export Import…; Export-Import…
- **Respondents:** JEKPL Pvt…; Resolution…
- **Advocates:** Tushar…; Ashish…; +3 more

## Timeline

- **2017-12-08 — Order Da…**: Shri Ahsan Ahmad accepts notice…
- **2017-12-13 — Reply Filing…**: Respondent to file…

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