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2019 (11) TMI 1494 - Tri - Insolvency and BankruptcyDishonor of Cheque - contention of the learned Counsel for the Applicant that the issue has already adjudicated by the judicial authority and it is not open to the Resolution Professional to examine again on the same issue is without jurisdiction, is not at all tenable - HELD THAT:- It is settled position of law that once the case is admitted by the Adjudicating Authority, the entire CIRP will be conducted by the RP/IRP with the approval of CoC on the subject and subject to final the jurisdiction of the Adjudicating Authority. The Resolution Professional is not expected to accept claim(s) without verification of those claims basing on the documents and it is his duty to do so. Since the Applicant has not furnished the documents as sought for by the Resolution Professional so as to consider the claim as per law, the impugned action of Resolution Professional does not warrant any interference by the Adjudicating Authority. However, the Applicant can be granted liberty to file necessary documents as sought for by the Resolution Professional so as to reconsider the issue. The Applicant is granted liberty to file necessary documents as sought by the Resolution Professional to substantiate its claims within a period of one week from receipt of the copy of the order - Application disposed off.
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