The application MA(IBC)/05/KOB/2023 was filed under Section 60(5) of the Insolvency and Bankruptcy Code (IBC) of 2016 by the Assistant Commissioner, State Goods and Service Tax Department, against M/s. Asten Realtors Private Ltd., which is undergoing Corporate Insolvency Resolution Process (CIRP). The applicant sought a direction to the Resolution Professional (RP) to accept Annexure A2 claim. The CIRP was initiated against Asten Realtors Private Ltd. on 25/01/2023. The RP invited claims, with a deadline of 08/02/2023. The applicant filed their claim on 21/07/2023, which was rejected by the RP. The applicant also issued a notice for personal appearance of the RP, despite the moratorium declared by the Tribunal.
The Assistant Commissioner, State Goods and Service Tax Department (Applicant), filed a claim against M/s. Asten Realtors Private Ltd. (Corporate Debtor) which is undergoing CIRP. The CIRP was initiated on 25/01/2023. The RP invited claims with a deadline of 08/02/2023. The applicant filed their claim on 21/07/2023, with a delay of 87 days. The applicant's claim was based on a show cause notice issued to the Corporate Debtor on 29/10/2022 under Sec. 73(1) KGST Act. The RP rejected the claim as it was filed beyond the statutory period of 90 days. The applicant also issued a notice for personal appearance of the RP on 14/08/2023, despite the moratorium declared by the Tribunal. The applicant proceeded with passing of an order on 08.08.2023 determining liability of CD,
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Corporate Insolvency Resolution Process (CIRP)…
IRP made p…
The application MA(IBC)/05/KOB/2023 was filed under Section 60(5) of the Insolvency and Bankruptcy Code (IBC) of 2016 by the Assistant Commissioner, State Goods and Service Tax Department, against M/s. Asten Realtors Private Ltd., which is undergoing Corporate Insolvency Resolution Process (CIRP). The applicant sought a direction to the Resolution Professional (RP) to accept Annexure A2 claim. The CIRP was initiated against Asten Realtors Private Ltd. on 25/01/2023. The RP invited claims, with a deadline of 08/02/2023. The applicant filed their claim on 21/07/2023, which was rejected by the RP. The applicant also issued a notice for personal appearance of the RP, despite the moratorium declared by the Tribunal.
The Assistant Commissioner, State Goods and Service Tax Department (Applicant), filed a claim against M/s. Asten Realtors Private Ltd. (Corporate Debtor) which is undergoing CIRP. The CIRP was initiated on 25/01/2023. The RP invited claims with a deadline of 08/02/2023. The applicant filed their claim on 21/07/2023, with a delay of 87 days. The applicant's claim was based on a show cause notice issued to the Corporate Debtor on 29/10/2022 under Sec. 73(1) KGST Act. The RP rejected the claim as it was filed beyond the statutory period of 90 days. The applicant also issued a notice for personal appearance of the RP on 14/08/2023, despite the moratorium declared by the Tribunal. The applicant proceeded with passing of an order on 08.08.2023 determining liability of CD,
…Corporate Insolvency Resolution Process (CIRP)…
IRP made p…