The appeal concerns the appellant's claim not being reflected under the heading 'Claims of Operational Creditors' in the Information Memorandum prepared by the Resolution Professional. The Adjudicating Authority and the Appellate Tribunal have taken the view that the appellant's claim is already noted in the Information Memorandum under the title ‘List of Other Creditor Claims (excluding Related Party Claims and Employees and Workmen Claims) as on 17th July, 2019′. The appellant has not made any grievance that the figure noted therein is incorrect.
NTPC Ltd. (Simhadri Project) filed a civil appeal against Rajiv Chakraborty. The core issue revolves around the appellant's claim not being specifically listed under 'Claims of Operational Creditors' within the Information Memorandum prepared by the Resolution Professional. The Adjudicating Authority and the Appellate Tribunal had previously acknowledged the appellant's claim, noting its inclusion in the Information Memorandum under the title 'List of Other Creditor Claims (excluding Related Party Claims and Employees and Workmen Claims) as on 17th July, 2019'. The appellant did not dispute the accuracy of the figure noted, but rather its categorization. The appellant argues that the claim amount should have been reflected under the 'Claims of Operational Creditors'
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The appeal concerns the appellant's claim not being reflected under the heading 'Claims of Operational Creditors' in the Information Memorandum prepared by the Resolution Professional. The Adjudicating Authority and the Appellate Tribunal have taken the view that the appellant's claim is already noted in the Information Memorandum under the title ‘List of Other Creditor Claims (excluding Related Party Claims and Employees and Workmen Claims) as on 17th July, 2019′. The appellant has not made any grievance that the figure noted therein is incorrect.
NTPC Ltd. (Simhadri Project) filed a civil appeal against Rajiv Chakraborty. The core issue revolves around the appellant's claim not being specifically listed under 'Claims of Operational Creditors' within the Information Memorandum prepared by the Resolution Professional. The Adjudicating Authority and the Appellate Tribunal had previously acknowledged the appellant's claim, noting its inclusion in the Information Memorandum under the title 'List of Other Creditor Claims (excluding Related Party Claims and Employees and Workmen Claims) as on 17th July, 2019'. The appellant did not dispute the accuracy of the figure noted, but rather its categorization. The appellant argues that the claim amount should have been reflected under the 'Claims of Operational Creditors'
…Appellant's claim noted in Information…
Matters were c…
Sign in to view related legal provisions.