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2020 (12) TMI 1173 - Tri - Insolvency and BankruptcyMaintainability of application - initiation if CIRP - Corporate Debtor failed to make repayment of its dues - existence of debt and dispute or not - HELD THAT:- On perusal of the affidavit in reply filed by the Respondent, it is found that no claim was received by the Liquidator from the Applicant till the last date of submission of claims i.e. 31.10.2019 and admittedly, the Applicant has filed its claim only on 22.05.2020 i.e. after more than 6 months from the last date of filing of the claims. The Respondent also pointed out that said claim is time barred as the "Gas Sale Transmission Agreement" between the Applicant and the Corporate Debtor was from 01.01.2011 to 31.12.2015. On perusal of the record, it is found that the Applicant has put its claim before the Liquidator, for the first time, only on 22.05.2020 whereas the last date submission of claims was 31.10.2019 - the application is not allowed and is dismissed.
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