M/S Arihant Trading Company filed an application against M/S Claro Energy Private Limited under Section 9 of the Insolvency & Bankruptcy Code. The corporate debtor, Claro Energy Private Limited, had already been admitted into the Corporate Insolvency Resolution Process (CIRP) under C.P. No. (IB)-2992(ND)/2019 on 13.04.2021. The applicant is now directed to file their claim before the Interim Resolution Professional (IRP). The order also addresses the contingency where the initial order of admission is set aside by a higher court, granting the applicant the liberty to revive their application.

M/S Arihant Trading Company filed an application against M/S Claro Energy Private Limited under Section 9 of the Insolvency & Bankruptcy Code. The corporate debtor, Claro Energy Private Limited, had already been admitted into the Corporate Insolvency Resolution Process (CIRP) under C.P. No. (IB)-2992(ND)/2019 on 13.04.2021. The applicant is now directed to file their claim before the Interim Resolution Professional (IRP). The order also addresses the contingency where the initial order of admission is set aside by a higher court, granting the applicant the liberty to revive their application.