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NATIONAL COMPANY LAW TRIBUNAL
Dr. Venkata Ramakrishna Badarinath Nandula, J, Shri Charan Singh, T
Ardee Hitech Pvt Ltd – Appellant
Versus
Bevcon Wayors Pvt Ltd – Respondent
| Table of Content |
|---|
| 1. operational creditor's claim significantly reduced due to incomplete documentation. (Para 1) |
| 2. liquidator's authority to assess claims based on documented evidence. (Para 3 , 4 , 5 , 6 , 7 , 8 , 9 , 10 , 11 , 12 , 13) |
| 3. decision on claims rooted in procedural compliance and evidentiary support. (Para 14) |
| 4. final dismissal of application regarding the claim. (Para 15) |
ORDER
This Application is filed challenging the communication of the liquidator dated 14.11.2022 whereby the liquidator has accepted a mere sum of INR 2,35,762/- i.e., constituting a mere 0.09% of the total of INR 23,83,15,026/- claimed amount and sought a direction to the Respondent/Liquidator to consider, verify, and accept the entire claimed amount in conformity with the agreement executed on 01.11.2018, as endorsed by the Corporate Debtor.
1) Brief of averment in the Application:
1.1 That, the Applicant is a Public Limited company duly incorporated under the Provisions of the companies act, 1956, situated in Odisha, that is engaged in providing marine logistic service and onshore direct berthing operations of various size vessels. That, the applicant floated a tender dated 14.09.2018 for the purpose
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