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TMI Blog2019 (3) TMI 1604X X X X Extracts X X X X X X X X Extracts X X X X ..... to reject the claim - HELD THAT:- Similar issue fell for consideration before the Hon ble Supreme Court in SWISS RIBBONS PVT. LTD. AND ANR. VERSUS UNION OF INDIA AND ORS. [ 2019 (1) TMI 1508 - SUPREME COURT] wherein also the Hon ble Supreme Court held that the Resolution Professional has no jurisdiction to decide the claim but the Liquidator has a jurisdiction to decide such claim at the time of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... enior Advocate with Mr. Mahesh Agarwal, Mr. Himanshu Satija and Mr. Arshit Anand, Advocates ORDER The 'Bank of Baroda'- ('Financial Creditor') on initiation of 'Corporate Insolvency Resolution Process' filed a claim on the basis of which it was allowed voting shares by the 'Resolution Professional'. Subsequently, after more than 250 days, the 'Bank of Baroda' filed another application for enhan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... CA (IB) No. 78 & 170/KB/2019 stand rejected, though they are filed before approval of the plan. The Resolution Applicant to proceed with conducting the affairs of the Corporate Debtor. Matter stands adjourned for further consideration on 26.04.2019." 2. Learned counsel appearing on behalf of the Appellant submits that the revision of claim was based on record and the 'Resolution Professional ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lar issue fell for consideration before the Hon'ble Supreme Court in "Swiss Ribbons Pvt. Ltd. & Anr. Vs. Union of India & Ors.', Writ Petition (Civil) No. 99/2018 (2019 SCC OnLine SC 73)" wherein also the Hon'ble Supreme Court held that the 'Resolution Professional' has no jurisdiction to decide the claim but the 'Liquidator' has a jurisdiction to decide such claim at the time of liquidation. Howe ..... X X X X Extracts X X X X X X X X Extracts X X X X
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