2022 (7) TMI 612

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....(hereinafter referred to as the Code) read with Rule 11 of NCLT Rules, 2016 seeking for the following reliefs;- i. This Hon'ble Tribunal may direct the Resolution Professional to accept the remaining claim of Rs. 2,14,24,617/- along with interest @ 11.5% up to the date of actual realization. 2. The contents of this IA are summarized hereinafter;- i. The Corporate Debtor awarded 3 works to the applicant vide work order dated 19th of January, 2012 for an amount of Rs. 3,86,87,920/- copy of which is annexed as Annexure-A2 ii. Thereafter on 1st of October, 2012 parties agreed for construction of a boundary wall. The Corporate Debtor issued service order to the applicant on 9th of October, 2012 which is annexed as Annexure A-4. iii.....

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....work satisfactorily in all respects as per terms and conditions of work order but the Corporate Debtor failed to clear its dues which are mentioned in Paragraph 14 of the instant application. ix. In paragraph 15, applicant has alleged breach of contractual obligations by the Corporate Debtor. x. The applicant on 18th of January 2021 submitted its claim Form B to the Resolution Professional in which he claimed an amount of Rs. 2,27,47,897.35/- and subsequently modified its claims on 18th of June, 2020 for an amount of Rs. 2,14,24,617/- in Form B. xi. In Response to the claims, the Resolution Professional has accepted an amount of Rs. 29,23,208/- and rejected the rest without assigning any reason. 3. To the contentions raised by the ap....

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....behalf of the PCC Construction Company, no additional and relevant details have been provided. This e-mail dated 1st of September, 2020 is annexed with IA 126/KB/2021 at page 56. 5. The answering respondent also provided its working/calculations on the basis of which the claims filed by the applicant were partially admitted or not admitted. A copy of working sheet for the claims filed on behalf of PCC Construction Company has not been annexed by the applicant. 6. In spite of multiple request providing supporting documents, applicant did not furnish any document and merely stating the value of claims was not sufficient to grant any claim. 7. The Resolution Professional has gone strictly by the documents and record filed by the applicant a....