Alfa Pigment and Chemicals Pvt. Ltd. Vs. Mr. Pritam Bayal, RP of Birla Tyres Ltd. – NCLT Kolkata Bench
This application has been preferred by the Applicant (Alfa Pigment and Chemicals Private Limited) under Section 60 (5) of the IBC read with Rule 11 of the NCLT Rules, 2016 to seek condonation of delay in lodging a claim with the Resolution Professional of the Corporate Debtor M/s. Birla Tyres Limited.
The Adjudicating Authority held that we have considered the rival contention and perused records. Other than lack of knowledge, no ground has been pleaded and no authorities have been cited by the Applicant which would inspire us to condone the massive delay of 417 days in lodging of the claim. Hence, we dismiss this application.
