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2021 (10) TMI 493 - Tri - Insolvency and BankruptcyPartial rejection of claim as Operational Creditors - seeking directions for the Respondent to accept the entire claim filed by the Applicant - Section 60(5) of the Insolvency and Bankruptcy Code 2016, with rule 11 of the National Company Law Tribunal Rules, 2016 - HELD THAT:- The Petitioner has now filed his claim as a OC and the RP has admitted the claim of the Petitioner as Operational Creditor as per the documents and Audited Balance Sheet of the CD. On perusal of the documents, affidavits submitted and submissions made by both the sides, it is found that the claim made by the Petitioner is now as Operational Creditor and the same has been admitted by the RP as Operational Debt. The RP is to consider the claim amount to be admitted as per the provisions of IBC. In our considered view, nothing is surviving in this Petition now. It is made clear that no one should make any attempt to delay the process of CIRP by filing irrelevant IAs. If further IAs are filed without any substance to delay the CIRP, the same may be dismissed with costs. Application disposed off.
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