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2020 (10) TMI 864 - Tri - Insolvency and BankruptcyApproval of Resolution Plan - Section 60(5)(b) of the Insolvency and Bankruptcy Code, 2016 - HELD THAT:- The corporate debtor invoked the Arbitration Proceedings against the applicant, even before initiation of CIRP and consequently in the books of corporate debtor, no liability towards applicant was shown and RP acted accordingly - In the instant CA the COC has already approved a resolution plan and that the CA filed by the RP seeking approval of this Adjudicating Authority for the said resolution plan is pending. The applicant is allowed to file its claim in terms of the sub-section (6) of Section 60 before the appropriate court of law or may file appropriate application against the corporate debtor if the resolution plan is approved and do not take proper care of the applicant - application disposed off.
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