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TMI Blog2020 (12) TMI 284X X X X Extracts X X X X X X X X Extracts X X X X ..... Appeal (AT) (Insolvency) No. 1021 of 2020, it appears that the IRP has rejected the claim of Appellant which was not substantiated by documentary evidence. This was done on 21st May, 2019. Page 66 of the same appeal paper book is the copy of order passed by the Adjudicating Authority extending CIRP period by 90 days. This happened on 11th September, 2019. Subsequently, the prayer of Appellant seeking direction from the Adjudicating Authority in the name of Resolution Professional to accept the supporting document in support of the claim came to be turned down in the face of delay and latches on the part of Appellant. The fact that the CIRP period was extended by 90 days by the Adjudicating Authority at the instance of Resolution Profess ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... taken up together for consideration. Respondents are common to all the three appeals while Appellants in all the three appeals have suffered rejection of their claims during Corporate Insolvency Resolution Process. We accordingly propose to pass a common order. 2. Heard Mr. Vikrant Singh Bais, Advocate representing the Appellants and waded through the appeal paper book. 3. Admittedly, Resolution Plan submitted by the sole Resolution Applicant received unanimous approval of the Committee of Creditors after the dissenting creditors did fall in line and conveyed their assent to the Committee of Creditors. Thus, the approval by Committee of Creditors was with 100% vote shares. It is not in controversy that the claims filed by the Appella ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... an but the same was not considered. 4. After hearing learned counsel for the Appellants and going through the records, we are of the considered opinion that the Appellants have failed to adhere to the timelines prescribed under the I B Code and the relevant Regulations as regards filing of claims. With reference to Page 65 of appeal paper book in Company Appeal (AT) (Insolvency) No. 1021 of 2020, it appears that the IRP has rejected the claim of Appellant which was not substantiated by documentary evidence. This was done on 21st May, 2019. Page 66 of the same appeal paper book is the copy of order passed by the Adjudicating Authority extending CIRP period by 90 days. This happened on 11th September, 2019. Subsequently, the prayer of Ap ..... X X X X Extracts X X X X X X X X Extracts X X X X
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