TMI Blog2021 (9) TMI 1430X X X X Extracts X X X X X X X X Extracts X X X X ..... Rule 11 of NCLT Rules, 2016 - HELD THAT:- It is an admitted fact that the last date for submissions of claims was 04.12.2019, however, the Appellant has filed his claim on 12.12.2020 i.e delay of 374 days. The Appellant in any case cannot get the advantage of the Judgment of Hon ble Supreme Court in IN RE COGNIZANCE FOR EXTENSION OF LIMITATION [ 2021 (5) TMI 564 - SC ORDER] as prescribed period ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ar Jain, Member (Judicial), Dr. Ashok Kumar Mishra, Member (Technical) And Dr. Alok Srivastava, Member (Technical) For the Appellant : Mr. Syed Tamjeed Ahmad, Mr. Sohaib Alam, Advocate. For the Respondent : None. ORDER (Virtual Mode) Ld. Counsel for the Appellant submits that the Appellant being a Financial Creditor filed an Application I.A No. 295-KB/2021 under Section 6 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l for the Appellant submits that Principal Bench of NCLT in the case of Edelweiss Asset Reconstruction Pvt. Ltd. Vs. Adel Landmarks Ltd. held that the rejection of claim on the ground of delay is not sustainable because the provisions has been held to be directory. Therefore, the impugned order is not sustainable in law and deserves to be set aside. Hence, the Appeal be admitted for final hearing. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... .12.2020. The RP rejecting the claim as the same was filed with delay of 374 days from the last submissions of claims. Thereafter, the Appellant has filed aforesaid application I.A. No. 295-KB/2020 before the Adjudicating Authority which is dismissed by the impugned order. 5. It is an admitted fact that the last date for submissions of claims was 04.12.2019, however, the Appellant has filed his ..... X X X X Extracts X X X X X X X X Extracts X X X X
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