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2019 (9) TMI 1026 - AT - Insolvency and BankruptcyMaintainability of appeal - initiation of CIRP - pre-existing dispute - Section 9 of Insolvency and Bankruptcy Code, 2016 - HELD THAT:- Under Section 18, the IRP is required to receive and collate all the claims submitted by the Creditors. This is not a process of sitting and deciding disputed claims. For collating, the IRP has to receive the claim and examine the same. While examining, the IRP did not find that the claim was made out with support of appropriate documents. As such, the IRP may not have considered the claim and the Adjudicating Authority has looked into it and did not find anything wrong with the act of collating done by IRP. CIRP process cannot be converted into adjudication Forum to settle claims already in disputes in Court. In the circumstances, we do not find any reason to interfere with the Order which has been passed. The Suit of the Appellant is already pending. Once the Moratorium period is over, the Appellant would be free to pursue its suit. Appeal not admitted and is dismissed.
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