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2020 (11) TMI 997 - Tri - Companies LawRejection of the claim by the RP - claim over an arbitral award directing the corporate debtor to pay the amount - HELD THAT:- Many a times there could be a possibility to the creditors not knowing about initiation of CIRP. It comes out through paper publication. In normal practice, service through paper publication comes into picture when personal service is not effected. That option is not available. So in a situation like this, there is every possibility for missing out information, but that cannot take away the primary right of realization against the debtor. Therefore, it cannot be made straight jacket formula to reject the claims outright at least until before approval of the plan by the Adjudicating Authority. The resolution professional is directed to consider this claim on merits - Application disposed off.
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