The case involves two applications, I.A. (IB) No. 2375 of 2024 and I.A. (IB) No. 2376 of 2024, filed in C.P. (IB) No. 346 of 2021 before the National Company Law Tribunal (NCLT), Kolkata. The Corporate Insolvency Resolution Process (CIRP) was initiated against Purulia Metal Casting Private Limited. I.A. (IB) No. 2375 of 2024 was filed by Chittaranjan Sah, an operational creditor, seeking condonation of delay in filing claims and direction to the Resolution Professional (RP) to accept the claim. I.A. (IB) No. 2376 of 2024 was filed by Sunil Kumar Jaiswal, another operational creditor, with similar requests. The RP, Pratim Bayal, opposed both applications, stating that the resolution plan had already been approved by the Committee of Creditors (CoC).
The Corporate Insolvency Resolution Process (CIRP) was initiated against Purulia Metal Casting Private Limited. Public announcement inviting claims was made on 20.10.2023. Chittaranjan Sah, an operational creditor, filed I.A. (IB) No. 2375 of 2024 seeking condonation of a 341-day delay in filing claims. Sunil Kumar Jaiswal, another operational creditor, filed I.A. (IB) No. 2376 of 2024 seeking condonation of a 334-day delay. Both applicants claimed they were unaware of the CIRP until September 2024 and filed Form B on 30.09.2024. The Resolution Professional (RP), Pratim Bayal, rejected the claims, citing that the resolution plan had been approved by the Committee of Creditors (CoC). Chittaranjan Sah claimed that the corporate debtor owed Rs. 56,33,612/-. Sunil Kumar
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The case involves two applications, I.A. (IB) No. 2375 of 2024 and I.A. (IB) No. 2376 of 2024, filed in C.P. (IB) No. 346 of 2021 before the National Company Law Tribunal (NCLT), Kolkata. The Corporate Insolvency Resolution Process (CIRP) was initiated against Purulia Metal Casting Private Limited. I.A. (IB) No. 2375 of 2024 was filed by Chittaranjan Sah, an operational creditor, seeking condonation of delay in filing claims and direction to the Resolution Professional (RP) to accept the claim. I.A. (IB) No. 2376 of 2024 was filed by Sunil Kumar Jaiswal, another operational creditor, with similar requests. The RP, Pratim Bayal, opposed both applications, stating that the resolution plan had already been approved by the Committee of Creditors (CoC).
The Corporate Insolvency Resolution Process (CIRP) was initiated against Purulia Metal Casting Private Limited. Public announcement inviting claims was made on 20.10.2023. Chittaranjan Sah, an operational creditor, filed I.A. (IB) No. 2375 of 2024 seeking condonation of a 341-day delay in filing claims. Sunil Kumar Jaiswal, another operational creditor, filed I.A. (IB) No. 2376 of 2024 seeking condonation of a 334-day delay. Both applicants claimed they were unaware of the CIRP until September 2024 and filed Form B on 30.09.2024. The Resolution Professional (RP), Pratim Bayal, rejected the claims, citing that the resolution plan had been approved by the Committee of Creditors (CoC). Chittaranjan Sah claimed that the corporate debtor owed Rs. 56,33,612/-. Sunil Kumar
…Filing of C.P.…
Corporate Insolvency Resolution Process…