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2021 (5) TMI 715 - NATIONAL COMPANY LAW TRIBUNAL , AHMEDABAD BENCHDirection upon the Resolution Professional to accept the claim of the applicant in full by condoning delay in filing the claim before the Resolution Professional - HELD THAT:- Admittedly, the applicant has filed its claim beyond the stipulated time i.e. near about after 8 months when the liquidator has filed its final list of stakeholder before the Adjudicating Authority on 13.05.2019 as per regulation 31(2) of the Insolvency Bankruptcy Board of India (Liquidation Process) Regulation, 2016. Moreover, the claim has originated on 30.11.2019, these were not in existence as on the liquidation commencement date. The said fact has already been informed to the applicant and acceptance, if any, shall be against the Rule 16 of the IBBI (Liquidation Process) Regulations, 2016. However, on perusal of the record it is found that liquidator has already accepted the original claim for ₹ 97,95,135/- lodged by the applicant and the same is duly accepted and admitted. Under such circumstances, if any claim is accepted, in that event, the liquidator has to revise their stakeholders list but in contravention of Regulation which may further delay the process of liquidation and very objective of the Insolvency and Bankruptcy Code will be frustrated. Application dismissed.
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