9911796707
TMI Blog2022 (3) TMI 989X X X X Extracts X X X X X X X X Extracts X X X X ..... delinquency and non-professional approach against the present applicant - verification of claim of the applicant - HELD THAT:- From the bare perusal of the records, it is seen that the Respondent has not verified the documents sent by the applicant and has not passed any order regarding approval or rejection of claim of the applicant. The CIR Process is a time bound process and the IRP should ha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... alf of the Applicant seeking following directions: 1. To direct the respondent Interim Resolution Professional to admit their claim as provided in the Claim. Form C, as the Financial Creditor of the Corporate Debtor M/s. Pantel Technologies Pvt. Ltd.; 2. To direct the respondent interim Resolution Professional to reconstitute the COC with revised voting rights as per the rules, regulatio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... follow: a) The Corporate Insolvency Resolution. Process was initiated against the Corporate Debtor vide order dated 26.11.2020 passed by this Tribunal appointing Mr. Deepak Kukreja as Interim Resolution Professional (IRP). However, Mr. Deepak Kukreja was replaced and Mr. Gagan Gulati was appointed. b) The applicant filed its claim in requisite form before Mr. Deepak Kukreja and after repl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nications between the parties the respondent has still not approved or rejected the claim of the applicant. 3. The Respondent has filed its reply submitting that the claim made by the appellant does not have a crystallized claim and in accordance of books of the company the loan account has already been settled and there is nothing remained. The respondent has also raised some other objections ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ue opportunity to the present applicant. We are making it clear that we are not commenting upon the submissions of the Petitioner and Respondent that the loan is given and the same is settled or not. The IRP is directed to verily the claims once again as per the related. Documents, Records, Audited Balance Sheets of the CD made available and decide the matter in accordance with the provisions of t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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