Macquarie Bank Ltd. filed an application against Shilpi Cable Technologies Ltd. under Section 9 of the Insolvency & Bankruptcy Code, CIRP. The applicant sought a direction that the money due and payable under the transaction, separately disclosed to the short-listed resolution applicant as trade dues of the corporate debtor, should be borne by the successful resolution applicant. A further prayer was made for a direction that the money due and payable by the corporate debtor under those transactions should not form part of either the claims or the CIRP Cost. The CoC filed its reply stating that the amount of Rs. 10,77,93,127.88/- should not be treated as CIRP cost, as it was incurred by the Corporate Debtor during the period when neither the erstwhile IRP nor the

Macquarie Bank Ltd. filed an application against Shilpi Cable Technologies Ltd. under Section 9 of the Insolvency & Bankruptcy Code, CIRP. The applicant sought a direction that the money due and payable under the transaction, separately disclosed to the short-listed resolution applicant as trade dues of the corporate debtor, should be borne by the successful resolution applicant. A further prayer was made for a direction that the money due and payable by the corporate debtor under those transactions should not form part of either the claims or the CIRP Cost. The CoC filed its reply stating that the amount of Rs. 10,77,93,127.88/- should not be treated as CIRP cost, as it was incurred by the Corporate Debtor during the period when neither the erstwhile IRP nor the