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TMI Blog2018 (12) TMI 1833X X X X Extracts X X X X X X X X Extracts X X X X ..... t stated in the Petition that the resolution plan has already been approved by the CoC, after approval of the resolution plan, the Resolution professional does not have any power to entertain any claim submitted by any of the creditors. It is to be made clear that after approval of the resolution plan by the CoC, Code provides the approval of the resolution plan by the Adjudicating Authority. It h ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... inst the Resolution Professional to accept the Petitioner/Non-Applicant's Proof of Claim. It is stated in the application that in around October 2018, it came to the notice of the Petitioner/Non-applicant that the public announcement of the Corporate Insolvency Resolution process has been done in the above matter. The Petitioner/Non-applicant was unaware as regards the public announcement before ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of IBBI, since he has the liberty to make interim estimate of the claims received and then can subsequently revise the same when additional information is received. From the very fact stated in the Petition that the resolution plan has already been approved by the CoC, after approval of the resolution plan, the Resolution professional does not have any power to entertain any claim submitted by an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1362/2018 has been filed against the resolution plan, the objections against the resolution plan. Office is directed to list the objections raised by the applicants alongwith the application which is submitted by the Resolution Professional. Applicant is directed to serve copy of the objections raised by them on the Resolution Professional within threedays, so that reply, if any, may be filed wit ..... X X X X Extracts X X X X X X X X Extracts X X X X
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