The case involves an Interlocutory Application (IA 4054 of 2025) filed by Mrs. Vijaya Malhotra, seeking directions to the Resolution Professional (RP) of Hotel Horizon Private Limited to consider and admit her claim of Rs. 25,41,36,690/-. The RP had rejected her claim due to insufficient documentation and delay in filing.
Mrs. Vijaya Malhotra filed IA 4054 of 2025 seeking directions to the RP to admit her claim of Rs. 25,41,36,690/-.
The RP rejected the claim due to insufficient documentation and delay in filing.
The claim is based on a loan agreement and a deed of guarantee where Hotel Horizon Private Limited acted as a guarantor.
The Corporate Insolvency Resolution Process (CIRP) against Hotel Horizon Private Limited commenced on 19.11.2024.
The applicant submitted her claim in Form C on 07.06.2025, which was beyond the 90-day period prescribed in Regulation 12(1) of the CIRP Regulations.
The applicant had extended loan to Horizon Reality Private Limited, a sister concern of Corporate Debtor in December, 2013 at exorbitant rate of interest and no interest so far was paid in last 12 years.
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Corporate Insolvency…
Public announce…
The case involves an Interlocutory Application (IA 4054 of 2025) filed by Mrs. Vijaya Malhotra, seeking directions to the Resolution Professional (RP) of Hotel Horizon Private Limited to consider and admit her claim of Rs. 25,41,36,690/-. The RP had rejected her claim due to insufficient documentation and delay in filing.
Mrs. Vijaya Malhotra filed IA 4054 of 2025 seeking directions to the RP to admit her claim of Rs. 25,41,36,690/-.
The RP rejected the claim due to insufficient documentation and delay in filing.
The claim is based on a loan agreement and a deed of guarantee where Hotel Horizon Private Limited acted as a guarantor.
The Corporate Insolvency Resolution Process (CIRP) against Hotel Horizon Private Limited commenced on 19.11.2024.
The applicant submitted her claim in Form C on 07.06.2025, which was beyond the 90-day period prescribed in Regulation 12(1) of the CIRP Regulations.
The applicant had extended loan to Horizon Reality Private Limited, a sister concern of Corporate Debtor in December, 2013 at exorbitant rate of interest and no interest so far was paid in last 12 years.
…Corporate Insolvency…
Public announce…