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2021 (1) TMI 387

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..... r, which is already recovered by invocation of Bank Guarantee, however, the Applicant is further claiming additional cost, which is incurred by DGVCL due to non-supply of transformers as per work order. It is also admitted by the Applicant that he has already invoked the Bank Guarantee for ₹ 27,58,498/- for non-supply of transformers, therefore, another amount i.e. ₹ 14,49,973/- is unreasonable as the same is recovered from Bank Guarantee. The instant application is not maintainable and stands dismissed. - IA 406 of 2020 in CP(IB) 152/NCLT/AHM/2018 - - - Dated:- 6-1-2021 - Ms. Manorama Kumari, Member (J) and Mr. Chockalingam Thirunavukkarasu, Member (T) For the Applicant : Mr. Anal Shah, Advocate For the .....

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..... n of Liquidation Process the Applicant filed its claim on 18.06.2020 in Form-C under Regulation 17 of IBBI (Liquidation Process) Regulations, 2016 of total amount of ₹ 26,63,344/-. In response to the same the Liquidator/Respondent vide its E-mail dated 01.07.2020 informed that against the claim amount of ₹ 26,63,344/-, claim of ₹ 12,13,371/- only is accepted, as the list of stakeholders has already been submitted with Hon'ble NCLT and adding new claim or updating list of stakeholders will require the approval of Hon'ble NCLT, Ahmedabad. It is further mentioned in the said E-mail that since the claim of the Applicant is filed after the due date, an application has to be filed before the Hon'ble NCLT. 4. Th .....

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..... rrantee 1213371 3. Amount of BGs 2758498 Total Claim Amount 5421842 7. It is further stated in reply that even after being time barred the Respondent/Liquidator pursuant to the provision of Section 39 and 40 verified claims and informed the Applicant to provide the documentary proof supporting the claim and some calculations which were required to be addressed from Applicant's side. 8. After verifying the claims, the Respondent/Liquidator vide letter dated 01.07.2020 informed the Applicant that the list of stakeholder has already been submitted with the Hon'ble NCLT and adding new cla .....

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