The case involves an appeal filed under Section 42 of the Insolvency and Bankruptcy Code, 2016, seeking a direction to the Liquidator of Shrenuj & Company Limited to admit the claim of the applicant, the Dy. Commissioner of Income Tax (OSD) (TDS)-2(2), Mumbai, and to condone the delay in filing the appeal. The Corporate Debtor, Shrenuj & Company Limited, was admitted into Corporate Insolvency Resolution Process (CIRP), which culminated in a liquidation order dated 12.07.2021, and the Respondent, Brijendra Kumar Mishra, was appointed as the Liquidator. The liquidator invited claims from creditors and workmen with a last date for submission of 19.08.2021. The applicant submitted its claim on 08.11.2021, which was rejected by the respondent due to being submitted
…The Corporate Debtor, Shrenuj & Company Limited, entered Corporate Insolvency Resolution Process (CIRP) and was subsequently ordered into liquidation on 2021-07-12. Brijendra Kumar Mishra was appointed as the Liquidator. The Liquidator invited claims from creditors, setting a deadline of 2021-08-19. The Dy. Commissioner of Income Tax (OSD) (TDS)-2(2), Mumbai, submitted its claim on 2021-11-08, after the specified deadline. The Liquidator rejected the claim due to the late submission. The Applicant claimed they did not receive timely communication regarding the claim submission process, only receiving a forwarded email on 2021-11-12. The Liquidator contended that emails were sent and public announcements were made in newspapers. The Applicant filed an appeal under
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Shrenuj & Company…
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The case involves an appeal filed under Section 42 of the Insolvency and Bankruptcy Code, 2016, seeking a direction to the Liquidator of Shrenuj & Company Limited to admit the claim of the applicant, the Dy. Commissioner of Income Tax (OSD) (TDS)-2(2), Mumbai, and to condone the delay in filing the appeal. The Corporate Debtor, Shrenuj & Company Limited, was admitted into Corporate Insolvency Resolution Process (CIRP), which culminated in a liquidation order dated 12.07.2021, and the Respondent, Brijendra Kumar Mishra, was appointed as the Liquidator. The liquidator invited claims from creditors and workmen with a last date for submission of 19.08.2021. The applicant submitted its claim on 08.11.2021, which was rejected by the respondent due to being submitted
…The Corporate Debtor, Shrenuj & Company Limited, entered Corporate Insolvency Resolution Process (CIRP) and was subsequently ordered into liquidation on 2021-07-12. Brijendra Kumar Mishra was appointed as the Liquidator. The Liquidator invited claims from creditors, setting a deadline of 2021-08-19. The Dy. Commissioner of Income Tax (OSD) (TDS)-2(2), Mumbai, submitted its claim on 2021-11-08, after the specified deadline. The Liquidator rejected the claim due to the late submission. The Applicant claimed they did not receive timely communication regarding the claim submission process, only receiving a forwarded email on 2021-11-12. The Liquidator contended that emails were sent and public announcements were made in newspapers. The Applicant filed an appeal under
…Shrenuj & Company…
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