# In the matter of Oasis Suppliers Pvt. Ltd Vs. Mr. Amarpal, Interim Resolution Professional
Three C Shelters Pvt. Ltd. CA (AT) (Ins) No. 163 of 2021

> NCLAT judgment dated 2021-03-01. Citation: TCN-2021-NCLAT-00346. The case involves an appeal against an order by the Adjudicating Authority (National Company…

- **Court:** NCLAT
- **Order date:** 1 Mar 2021
- **Citation:** TCN-2021-NCLAT-00346
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/oasis-suppliers-pvt-ltd-vs-mr-amarpal-interim-resolution-professional-three-c-sh-1caba25f

## Summary

### Background

The case involves an appeal against an order by the Adjudicating Authority (National Company Law Tribunal), New Delhi, Court IV. The Adjudicating Authority had adjourned the matter to March 11, 2021, noting that a claim in IA 340/ND/2021 was still pending verification and had not been rejected by the Resolution Professional. The Resolution Professional was directed to complete the process regarding these claims.

## Facts

Oasis Suppliers Pvt. Ltd. filed an appeal against Mr. Amarpal, the Interim Resolution Professional (IRP). The Adjudicating Authority (National Company Law Tribunal) had adjourned a matter to March 11, 2021, because a claim was pending verification. The IRP cited delays due to the unavailability of account statements. The Committee of Creditors (COC) was not a party to the appeal. The court directed the Adjudicating Authority to ensure the IRP files its report by March 10, 2021, to allow the Adjudicating Authority to pass an order by March 11, 2021. This case highlights issues related to claim verification delays and procedural aspects in insolvency proceedings.

## Issues and analysis

### Issue 1: Whether the Adjudicating Authority's order regarding the verification of claims and adjournment of …

**Ratio:** The Adjudicating Authority has the power to direct the Resolution Professional to

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**Reasoning:** The court reasoned that the Adjudicating Authority's actions were within its purview to

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**Interpretation:** This interprets the authority of the Adjudicating Authority to manage the

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**Application:** The court applied this principle by directing the Adjudicating Authority to

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## Parties

- **Judges:** Bansi Lal…; Ashok Kumar…
- **Appellants:** Oasis Suppliers…
- **Respondents:** Three C Shelters…; Amar…
- **Advocates:** P. Na…; Ravi K…; +3 more

## Timeline

- **2021-02-19 — Impugned Ord…**: The Adjudicating Authority issued…
- **2021-03-01 — Adjudicating Authority…**: The Adjudicating Authority adjourned the matter to March 11, 2021, due to pending claim…

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