https://www.taxtmi.com/article/detailed?id=11643 Whether a resolution professional may withhold admission of a financial creditor's claim while parallel adjudication proceeds, particularly arbitration with a counterclaim likely to determine quantum or entitlement. The creditor urged mandatory recognition and collation of disputed claims under Section 3(6) and related regulations to enable Committee of Creditors participation; the resolution professional relied on pendency of arbitration and the counterclaim to justify keeping the claim in abeyance until determinative information on admissibility and quantum emerged. en-us Mon, 24 Jul 2023 10:05:24 +0530 Mon, 24 Jul 2023 10:05:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11643 Whether a resolution professional may withhold admission of a financial creditor's claim while parallel adjudication proceeds, particularly arbitration with a counterclaim likely to determine quantum or entitlement. The creditor urged mandatory recognition and collation of disputed claims under Section 3(6) and related regulations to enable Committee of Creditors participation; the resolution professional relied on pendency of arbitration and the counterclaim to justify keeping the claim in abeyance until determinative information on admissibility and quantum emerged. Articles Corporate Laws / IBC / SEBI Mon, 24 Jul 2023 10:05:24 +0530 https://www.taxtmi.com/article/detailed?id=11643