https://www.taxtmi.com/caselaws?id=409973 The appeal by NTPC Limited against the rejection of its claim by the Liquidator was partially allowed by the National Company Law Tribunal (NCLT), Kolkata Bench. The NCLT directed the Liquidator to classify NTPC Limited's claim as an "other creditor" instead of an "Operational Creditor" and to reprocess the claim, ensuring the best estimate of the claim amount is determined in accordance with regulations. The Liquidator was instructed to comply with the Tribunal's directions and provide the necessary benefit to NTPC Limited. en-us Mon, 19 Jul 2021 00:00:00 +0530 Tue, 20 Jul 2021 21:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409973 The appeal by NTPC Limited against the rejection of its claim by the Liquidator was partially allowed by the National Company Law Tribunal (NCLT), Kolkata Bench. The NCLT directed the Liquidator to classify NTPC Limited's claim as an "other creditor" instead of an "Operational Creditor" and to reprocess the claim, ensuring the best estimate of the claim amount is determined in accordance with regulations. The Liquidator was instructed to comply with the Tribunal's directions and provide the necessary benefit to NTPC Limited. Case-Laws Insolvency and Bankruptcy Mon, 19 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409973