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2019 (10) TMI 419 - Tri - Insolvency and BankruptcyAssignment of debt on consideration - Liquidator claimed its debt against Debtor - HELD THAT:- The Liquidator has rightly rejected the claim of this Applicant, because the reason for rejection of the claim is since the Hon’ble DRT, Hon’ble DRAT, Hon’ble High Court of Madras and Hon’ble Supreme Court of India held that this Applicant will not have any locus to proceed against the Corporate Debtor for the right of assignment conferred upon by this Applicant by the two banks aforementioned has already been transferred to M/s. Poddar Projects Limited, therefore no right has remained vested with this Applicant to proceed any further against this Corporate Debtor save and except proceeding against the M/s. Poddar Projects Limited to whom this debt was further assigned. Application dismissed.
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