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2020 (2) TMI 1006 - AT - Insolvency and BankruptcyLiquidation proceedings - Appellant submits that the Appellant has handed over the machinery to 'M/s. Sanjay Gandhi Thermal Power Project, 'Madhya Pradesh Power Generating Company Limited' - HELD THAT:- As it is admitted that the liquidation proceeding has already been initiated, we allow the Appellant to file its claim before the Liquidator of 'M/s. Energo Engineering Projects Limited' who is required to verify the claims under clause (a) of sub-section (1) of section 35 of the Insolvency and Bankruptcy Code, 2016 and thereafter, on consolidation of claims under section 38 of the 'I&B Code' and after verification of claims under section 39, it is the Liquidator who is empowered to admit or reject the claim under section 40. If the Appellant is aggrieved thereafter may prefer appeal under section 42 before the Adjudicating Authority. Imposition of cost or penalty or payment of interest - HELD THAT:- This is not a fit case to be decided presently. Appeal disposed off.
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