2022 (3) TMI 944

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....7/2022 - -<br>Insolvency & Bankruptcy<br>Abni Ranjan Kumar Sinha, Member (J) and L.N. Gupta, Member (T) For Appearing Parties: Shailendra Singh, Rochit, Neha Mathen, Ritesh Khare, Rajdev Singh, Sumit Shukla and Deepika, Advocates ORDER 1. Cont. Petition 07/2022: By filing this Contempt Petition, the Applicant has prayed for the following reliefs: "a) Initiate the contempt proceed....

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...., by which the Respondents were directed to pay the amount of Rs. 26,08,436/- and therefore, contempt proceedings may be initiated against the Respondents. In terms of submissions, when we peruse the order dated 21.10.2021, we observe that by the same order, direction was given to the RP/Applicant that if the amount is not paid within two weeks from the date of the order, the RP/Applicant will tak....

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....pplication. In the course of hearing, Ld. Counsel for the Applicant referred to the page no. 59 of the additional affidavit filed by him and submitted that the RP vide order dated 21.08.2021 has admitted part claim of Rs. 22,27,198/- only and rejected the remaining claim of the Applicant on the ground that the same was time barred. Ld. Counsel for the Applicant submits that since the RP has reject....

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....d the claim and refused to accept the time barred claims and so, there is no illegality in the order dt. 21.08.2021. Therefore, we are not inclined to interfere with the view taken by the RP. 8. Accordingly, the present IA, being devoid of merits, is hereby Dismissed. 9. CA. 366/2019; Ld. Counsel appearing for the Applicant submits that he has already filed the Additional Affidavit on 10.11.....