2020 (11) TMI 973

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....laim of the appellant not being reflected under the heading 'Claims of Operational Creditors' in the Information Memorandum prepared by the Resolution Professional. The Adjudicating Authority and the Appellate Tribunal have taken a view that the appellant's claim is already noted in Information Memorandum under the title, 'List of Other Creditor Claims (excluding Related Party Claims and Employee....

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....pt or disallow the claims. The appellant's claim would not get extinguished unless it is adjudicated upon by a competent forum or by operation of law. Suffice it to observe that the claim of the appellant has been taken note of in the information memorandum and does not get extinguished as such; but it will be subject to adjudication by the Arbitrator. Since it is part of the memorandum, it is ob....