Whether Resolution Professional/Liquidator is duty bound under Section 25(2)(b) of Code, 2016 to take up the issue of Counter Claim, either before the Adjudicating Authority or DRT before proceeding with the CIRP and Liquidation Proceedings? – V.K. Abdul Rahim Vs. Jasin Jose, Resolution Professional/ Liquidator – NCLAT Chennai
Questions in this Appeal
(i) Whether the Committee of Creditor constitution was correct in terms of the Code, 2016?
(ii) Whether meetings of Committee of Creditor were correctly conducted by the Interim Resolution Professional/Resolution Professional/Liquidator, under Code, 2016.
(iii) Whether the Respondent No. 1 has erred by accepting the Claims of the Bank in excess of the amount due as mandated under Section 18 of Code, 2016.
(iv) Whether the Respondent No. 1 is duty bound under Section 25(2) (b) of Code, 2016 to take up the issue of Counter Claim, either before the Adjudicating Authority or DRT before proceeding with the CIRP and Liquidation Proceedings?