https://www.taxtmi.com/caselaws?id=426179 A resolution professional under the insolvency framework must treat claim processing as an administrative function and cannot finally reject a creditor's claim on his own where the defect is curable and the underlying dues are reflected in the corporate debtor's books. Before rejection, the applicant should be given an opportunity to rectify documentation, and the complete facts must be placed before the committee of creditors for an informed decision on admissibility. Claims received before approval of the resolution plan therefore require fresh administrative scrutiny rather than summary rejection, and any related request for voting rights must also be reconsidered within that process. en-us Fri, 05 Aug 2022 00:00:00 +0530 Tue, 09 Aug 2022 08:44:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426179 A resolution professional under the insolvency framework must treat claim processing as an administrative function and cannot finally reject a creditor's claim on his own where the defect is curable and the underlying dues are reflected in the corporate debtor's books. Before rejection, the applicant should be given an opportunity to rectify documentation, and the complete facts must be placed before the committee of creditors for an informed decision on admissibility. Claims received before approval of the resolution plan therefore require fresh administrative scrutiny rather than summary rejection, and any related request for voting rights must also be reconsidered within that process. Case-Laws Insolvency and Bankruptcy Fri, 05 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426179