Starlog Enterprises Ltd. filed an appeal against an order passed by the Adjudicating Authority (National Company Law Tribunal), Mumbai, regarding IA No.5247 of 2024. The CIRP of the corporate debtor commenced on 02.02.2024. The appellant's cranes were in the possession of the corporate debtor. A winding up proceeding against the corporate debtor commenced in 2017-18. The appellant issued invoices for hire charges, with the last invoices issued in June 2018. The appellant filed IA No.5247 of 2024 seeking various reliefs, including directing the Resolution Professional to admit the claim of the applicant and handover possession of the cranes.
The Corporate Insolvency Resolution Process (CIRP) of the corporate debtor commenced on February 2, 2024. Starlog Enterprises Ltd., the appellant, had its cranes in the possession of the corporate debtor. A winding-up proceeding against the corporate debtor had commenced in 2017-18. Starlog Enterprises issued invoices for hire charges, with the last invoices issued in June 2018. Starlog Enterprises filed IA No.5247 of 2024, seeking the admission of their claim for hire charges and the handover of the cranes. The Adjudicating Authority rejected the application, stating that the hire charges could not be accepted as CIRP costs. Starlog Enterprises argued that the moratorium prevented them from taking possession of the cranes, prejudicially affecting their rights, and
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Last invoices for hire…
Starlog Enterprises Ltd. filed an appeal against an order passed by the Adjudicating Authority (National Company Law Tribunal), Mumbai, regarding IA No.5247 of 2024. The CIRP of the corporate debtor commenced on 02.02.2024. The appellant's cranes were in the possession of the corporate debtor. A winding up proceeding against the corporate debtor commenced in 2017-18. The appellant issued invoices for hire charges, with the last invoices issued in June 2018. The appellant filed IA No.5247 of 2024 seeking various reliefs, including directing the Resolution Professional to admit the claim of the applicant and handover possession of the cranes.
The Corporate Insolvency Resolution Process (CIRP) of the corporate debtor commenced on February 2, 2024. Starlog Enterprises Ltd., the appellant, had its cranes in the possession of the corporate debtor. A winding-up proceeding against the corporate debtor had commenced in 2017-18. Starlog Enterprises issued invoices for hire charges, with the last invoices issued in June 2018. Starlog Enterprises filed IA No.5247 of 2024, seeking the admission of their claim for hire charges and the handover of the cranes. The Adjudicating Authority rejected the application, stating that the hire charges could not be accepted as CIRP costs. Starlog Enterprises argued that the moratorium prevented them from taking possession of the cranes, prejudicially affecting their rights, and
…Winding up proceeding…
Last invoices for hire…