Admission of Claim on the basis of Balance Sheet – Engineering Mazdoor Parishad Devas Through Its General Secretary Vs. Teena Saraswat Pandey, RP of S & H Gears Pvt. Ltd. – NCLAT New Delhi

NCLAT held that it is the responsibility of the Claimant to bring all relevant record to substantiate the claim. The Resolution Professional having admitted the claim of Rs.96 lakhs and odd on the basis of balance sheet of the Corporate Debtor, no error can be said to have been committed by the Resolution Professional for accepting the claim of Rs. 96 lakhs and odd. The Adjudicating Authority also held that there are no documents filed to support the claim of the workmen.

Admission of Claim on the basis of Balance Sheet – Engineering Mazdoor Parishad Devas Through Its General Secretary Vs. Teena Saraswat Pandey, RP of S & H Gears Pvt. Ltd. – NCLAT New Delhi Read Post »