The case involves an application (IA-416/2023) filed by the Assistant Commissioner of Central GST & Central Excise, Vapi, seeking admission of a claim of ₹3,23,82,203, which was rejected by the Resolution Professional (RP). The RP rejected the claim because the statutory period of 270 days had passed, and the resolution plan had already been approved by the Committee of Creditors (CoC) and filed with the NCLT. The applicant argued that the delay in filing the Interlocutory Application should be condoned due to COVID-19 lockdowns, disruptions in the functioning of advocate's offices, and personal hindrances.
The Assistant Commissioner of Central GST & Central Excise, Vapi, filed a claim for ₹3,23,82,203 which was rejected by the Resolution Professional (RP) because it was filed after the 270-day statutory period and after the resolution plan was approved by the CoC and filed with NCLT. The applicant argued that the delay was due to COVID-19 lockdowns, disruptions in advocate's offices, and personal hindrances. The RP had intimated the commencement of CIRP of Unimark Remedies Ltd. to the Superintendent of CGST & Excise, Division XI (Vapi III) on 12.04.2018, acknowledged on 20.04.2018. The GST department filed its claim on 05.03.2019, which was received by the RP on 06.03.2019. The CIRP period ended on 03.01.2019. The Mumbai NCLT had previously allowed a claim from
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The RP intimated the commencement of CIRP of…
The Superintendent of CGST & Excise, Division…
The case involves an application (IA-416/2023) filed by the Assistant Commissioner of Central GST & Central Excise, Vapi, seeking admission of a claim of ₹3,23,82,203, which was rejected by the Resolution Professional (RP). The RP rejected the claim because the statutory period of 270 days had passed, and the resolution plan had already been approved by the Committee of Creditors (CoC) and filed with the NCLT. The applicant argued that the delay in filing the Interlocutory Application should be condoned due to COVID-19 lockdowns, disruptions in the functioning of advocate's offices, and personal hindrances.
The Assistant Commissioner of Central GST & Central Excise, Vapi, filed a claim for ₹3,23,82,203 which was rejected by the Resolution Professional (RP) because it was filed after the 270-day statutory period and after the resolution plan was approved by the CoC and filed with NCLT. The applicant argued that the delay was due to COVID-19 lockdowns, disruptions in advocate's offices, and personal hindrances. The RP had intimated the commencement of CIRP of Unimark Remedies Ltd. to the Superintendent of CGST & Excise, Division XI (Vapi III) on 12.04.2018, acknowledged on 20.04.2018. The GST department filed its claim on 05.03.2019, which was received by the RP on 06.03.2019. The CIRP period ended on 03.01.2019. The Mumbai NCLT had previously allowed a claim from
…The RP intimated the commencement of CIRP of…
The Superintendent of CGST & Excise, Division…