https://www.taxtmi.com/caselaws?id=409771 The arbitral award fixed the corporate debtor's liability and only the mode and source of payment were linked to the remaining amount under the agreement; that reference did not limit the quantified debt recognised in the award. A claim under the Insolvency and Bankruptcy Code includes a right to payment whether reduced to judgment, fixed, disputed or undisputed, so the resolution professional was correct to admit the claim at the quantified figure. The challenge to restricting the admitted insolvency claim to the alleged remainder amount therefore failed, and the voting share based on the admitted claim was not disturbed. en-us Fri, 02 Jul 2021 00:00:00 +0530 Fri, 16 Jul 2021 08:26:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409771 The arbitral award fixed the corporate debtor's liability and only the mode and source of payment were linked to the remaining amount under the agreement; that reference did not limit the quantified debt recognised in the award. A claim under the Insolvency and Bankruptcy Code includes a right to payment whether reduced to judgment, fixed, disputed or undisputed, so the resolution professional was correct to admit the claim at the quantified figure. The challenge to restricting the admitted insolvency claim to the alleged remainder amount therefore failed, and the voting share based on the admitted claim was not disturbed. Case-Laws Insolvency and Bankruptcy Fri, 02 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409771