https://www.taxtmi.com/highlights?id=65786 Power of RP to admit the Claims suo-motu - There is no such provision that the IRP shall admit the Claim without filing a Claim either in Form-B or in Form-C. - the IRP suo-motu cannot admit the Claims without their being a Claim by the Claimants viz. Operational Creditors, Financial Creditors and the Claims by other Creditors. Every Claim shall be submitted by the ‘Claimant’ with proof. Accordingly, the issue is answered. - AT en-us Sat, 24 Sep 2022 11:25:40 +0530 Sat, 24 Sep 2022 11:25:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=65786 Power of RP to admit the Claims suo-motu - There is no such provision that the IRP shall admit the Claim without filing a Claim either in Form-B or in Form-C. - the IRP suo-motu cannot admit the Claims without their being a Claim by the Claimants viz. Operational Creditors, Financial Creditors and the Claims by other Creditors. Every Claim shall be submitted by the ‘Claimant’ with proof. Accordingly, the issue is answered. - AT Highlights Insolvency and Bankruptcy Sat, 24 Sep 2022 11:25:40 +0530 https://www.taxtmi.com/highlights?id=65786