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2024 Supreme(Online)(NCLT) 318

NATIONAL COMPANY LAW TRIBUNAL
PCI Geomatics Enterprises Inc – Appellant
Versus
ROLTA INDIA LIMITED – Respondent


Advocates:
For the Petitioner:Yudhishter Sharma

ORDER

Per: Prabhat Kumar, Member (Technical)

1. This Application IA no. 1691/2023 is filed under section 60(5) of the Insolvency & Bankruptcy Code, 2016 (“Code”) by M/s PCI Geometics Enterprises Inc. (“Applicant”) in the Corporate Insolvency Resolution Process (“CIRP”) of M/s Rolta India Limited (‘Corproate Debtor”) for admission claim alongwith interest and for order seeking termination of contract in case these amounts are not paid by the Corporate Debtor. The Applicant has prayed the following :

    a. An order to admit claim of interest of USD 546,863, which is @ 1.5% p.m. on admitted bills of USD 420,000;
    b. An order to admit claim of bill No. 10930 for USD 212,500, which is within the contracted period up to August 11, 2018 and with interest @ 1.5% p.m. i.e., USD 168,938;
    c. An order to admit the claim where the agreement was not extended but service was provided from August 11, 2018 to January 19, 2023 (CIRP date) invoice price of USD 1,925, 416 and interest of USD 426,862 @ 1.5% p.m.; and d. An order to terminate all the agreements with corporate debtor in case of non-payment/admission of claims.
    C.P.(IB) No. 530/MB/2020 3

2. The applicant had file




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