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2022 (5) TMI 81 - NATIONAL COMPANY LAW TRIBUNAL , KOCHI BENCHCIRP - Validity of claims of the respondents 2 to 7 admitted by the 1st respondent - adjudication of such claims and fixing the same on the basis of the documents/evidences produced by the applicant and the documents or other evidences as may be produced by the respondents - HELD THAT:- After a detailed hearing and considering all the contentions of both sides, this Tribunal vide order dated 20.09.2021 dismissed that MA with costs of Rs. 25,000/- which according to the Liquidator, the applicants therein have not paid - Without complying with the direction in that order, the applicant has again moved this Tribunal taking some other contentions regarding the non-acceptance of his claim and the interest levied by the Federal Bank. The Liquidator has satisfactorily clarified why his claim was not accepted and the interest charged by the Bank is as per the agreement between the Bank and the Corporate Debtor. It appears to us, that the only intention of the applicant is to delay the proceedings in one way or the other approaching various forums including the Hon’ble Supreme Court of India, wherein all his attempts were failed. From the verification of the earlier proceedings of this matter, it is seen that the Suspended Directors are not at all co-operating in the CIR Process and they were only on the lookout of creating hurdle to the continuation of CIR Process. Moreover, the applicant herein is a shareholder of the Company and as rightly pointed out by the Respondents that he is not entitled to claim any relief against the CoC or the conduct of the CIRP. Application dismissed.
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