The case involves an appeal against the rejection of a claim by the Liquidator. The appellant, an operational creditor, had their application admitted and CIRP initiated against the corporate debtor. The initial IRP accepted the claim, but the subsequent RP (later appointed as Liquidator) rejected it due to the lack of invoices.
An application was filed under Sec 42, IBC, 2016 against the Liquidator's decision to reject the appellant's claim.
The appellant is an operational creditor.
CIRP was initiated against the corporate debtor vide order dated 14.06.2019.
Mr. Shyam Arora was initially appointed as IRP.
The corporate debtor's appeal against the CIRP initiation was dismissed by NCLAT and the Supreme Court.
Mr. Shyam Arora was replaced by Mr. Kamal Agarwal as RP, who was later appointed as Liquidator.
The initial IRP accepted the appellant's claim.
The Liquidator rejected the claim due to the absence of invoices.
The appellant had previously challenged the rejection of the claim before the Adjudicating Authority.
The liquidation was ordered on 21.09.2022.
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CIRP was initiated…
The Hon'ble Supreme…
The case involves an appeal against the rejection of a claim by the Liquidator. The appellant, an operational creditor, had their application admitted and CIRP initiated against the corporate debtor. The initial IRP accepted the claim, but the subsequent RP (later appointed as Liquidator) rejected it due to the lack of invoices.
An application was filed under Sec 42, IBC, 2016 against the Liquidator's decision to reject the appellant's claim.
The appellant is an operational creditor.
CIRP was initiated against the corporate debtor vide order dated 14.06.2019.
Mr. Shyam Arora was initially appointed as IRP.
The corporate debtor's appeal against the CIRP initiation was dismissed by NCLAT and the Supreme Court.
Mr. Shyam Arora was replaced by Mr. Kamal Agarwal as RP, who was later appointed as Liquidator.
The initial IRP accepted the appellant's claim.
The Liquidator rejected the claim due to the absence of invoices.
The appellant had previously challenged the rejection of the claim before the Adjudicating Authority.
The liquidation was ordered on 21.09.2022.
…CIRP was initiated…
The Hon'ble Supreme…