Administrative claim verification under insolvency law cannot compel restoration of a provisional admission after later reconciliation.

The Resolution Professional's function in the insolvency process is administrative: he collects and collates claims on the basis of material produced, but does not adjudicate disputed claims on merits. Here, the applicant sought restoration of a claim at the higher amount originally lodged, but the claim had been revised after further documents were received and the accounts were reconciled, including the effect of an arbitration award and later communications. On that record, no legal basis was shown to compel restoration of the earlier provisional admission, and the application under section 60(5)(c) was held not maintainable.

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Issues: Whether the Resolution Professional was required to restore the applicant's claim as originally lodged and whether the application under section 60(5)(c) of the Insolvency and Bankruptcy Code, 2016 was maintainable.

Analysis: The applicant sought restoration of the claim at the higher amount shown in its lodged statement. The Resolution Professional had initially admitted the claim provisionally on the basis of documents available, but later revised it after receiving further material and undertaking reconciliation of the accounts, including the effect of the arbitration award and subsequent communications from the suspended management. The role of the Resolution Professional in the insolvency process is administrative, consisting of collection and collation of claims on the basis of the material produced, and not adjudication of disputed claims on merits. On the record, the claim was revised after verification of the documents and information available, and the application did not disclose any legal basis to compel restoration of the earlier provisional admission.

Conclusion: The application was not maintainable and the request to restore the claim was rejected.

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