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TMI Blog2021 (4) TMI 891X X X X Extracts X X X X X X X X Extracts X X X X ..... e Operational Creditor viz. M/s. Regenix Drugs Limited has withdrawn its claim from the Liquidator, there arises a necessity for the Liquidator to modify the list of Stakeholders. In the circumstances, application deserves to be allowed. Thus, the Liquidator as per Regulation 31(3) of the IBBI (Liquidation Process) Regulations, 2016, is permitted to revise the list of stakeholders of the Corporate Debtor. The Liquidator is directed to file the modified list of stakeholders before this Tribunal within a period of 7 days from the date of this order - application allowed. - IA/749/IB/2020 in IBA/434/2019 - - - Dated:- 30-3-2021 - R. Sucharitha, Member (J) And B. Anil Kumar, Member (T) For the Appellant : Chandramouli Prabhakar, Adv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... per publication intimating the commencement of Liquidation process of Santosh Hospitals Pvt. Ltd. and calling the stakeholders to submit the proof of claims on or before 20.12.2019; ii) Stakeholders Consultation Committee was constituted in compliance with Regulation 31A of IBBI (Liquidation Process) Regulations, 2016 and the Applicant herein submitted a report certifying constitution of the Committee with this Tribunal on 12.02.2020. Preliminary report pursuant to Regulation 13 was submitted to this Tribunal on 26.02.2020. Also, Asset Memorandum was submitted on 27.02.2020; iii) Applicant had filed the List of Stakeholders under Regulation 31(2) on the basis of the claim documents received and verification of the books of the Cor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... if applicable (c) the details of the stakeholders, and (d) the proofs admitted or rejected in part, and the proofs wholly rejected. (2) The liquidator shall file the list of stakeholders with the Adjudicating Authority within forty five days from the last date for receipt of claims, and the filing of the list shall be announced to the public in the manner specified in Regulation 12(3). (3) The liquidator may apply to the Adjudicating Authority to Modify an entry in the list of stakeholders filed with the Adjudicating Authority, when he comes across additional information warranting such modification, and shall modify the entry in the manner directed by the Adjudicating Authority. 4. Thus, it is seen above that Regulation 31(3) ..... X X X X Extracts X X X X X X X X Extracts X X X X
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