Kerala HC Issues Notice to Digi Yatra Foundation in PIL Seeking Strict Compliance with DPDP Act 2023 for Airport Passenger Data: High Court of Kerala
07 Mar 2026
Appointment to Higher Post on Compassionate Grounds Not a Matter of Right: J&K&L High Court
07 Mar 2026
Nearly Decade-Long Delay in Patnitop Illegal Construction PIL Appalls J&K&L High Court; Directs PDA CEO to Join Proceedings
07 Mar 2026
Punjab & Haryana HC Denies Anticipatory Bail in Murder via Humiliation Case: Sections 103(1) & 3(5) BNS
07 Mar 2026
Employees Under CCS Pension Rules Excluded from PG Act Section 2(e) Gratuity: Delhi HC Upholds Forfeiture on Resignation
07 Mar 2026
Security Deposit Forfeiture Without Show-Cause Notice Violates Natural Justice: Himachal Pradesh High Court
07 Mar 2026
S.202 CrPC Inquiry Not Mandatory for Public Servant Complaints If Accused Outside Jurisdiction: Supreme Court
09 Mar 2026
Professor MP Singh: Shaper of Constitutional Discourse
09 Mar 2026
CJI Kant: Action Needed for More Women Judges
10 Mar 2026
Back
Next 
NATIONAL COMPANY LAW TRIBUNAL
Mr Bogolu Dayakar Reddy – Appellant
Versus
Mr Pankaj Srivastava Liquidator of Empee Sugars and Chemicals Limited – Respondent
IN THE NATIONAL COMPANY LAW TRIBUNAL AMARAVATI BENCH (Through Hybrid Mode)
Item No.10 IA(IBC)/402/2025, IA(IBC)/378/2025, IA(IBC)/369/2025, IA(IBC)/204/2025 in TCP (IB)/76/9/AMR/2019 (Under Liquidation)
IN THE MATTER OF:
Global Coal Venturas Pvt Ltd … Petitioner/ Operational Creditor Versus Empee Sugars and Chemicals Ltd … Respondents/Corporate Debtor Under Section: 9, 60(5) of IBC, 2016 Regulations: 22, 32(e), 45(3) of the IBBI Regulations, 2016 Rules: 11 of the NCLT Rules, 2016 Order delivered on 06.01.2026 CORAM:
SHRI UMESH KUMAR SHUKLA SHRI KISHORE VEMULAPALLI HON’BLE MEMBER (TECHNICAL) HON’BLE MEMBER (JUDICIAL)
PRESENT:
In all IAs For the Liquidator : Mr. Y. Surayanarayana & Ms. Veenu Drall, Advs.
In IA (IBC)/378/2025 For the Applicant : Mr. T. Jayasankar, Adv.
In IA (IBC)/369/2025 For the Applicant : Ms. Subharanjani Ananth, Ad
The liquidator's partial acceptance of a claim due to lack of supporting documents is valid, affirming the need for proper evidence in disputed insolvency claims.
A delay in filing a claim can be condoned if justified reasons are shown, considering the circumstances surrounding the claimant's communication.
An operational creditor must substantiate claims with adequate evidence; interest claims without proper documentation are not viable under the Insolvency Code.
An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers
Please visit our Training & Support
Center or Contact Us for assistance
Scan Me!
India’s Legal research and Law Firm App, Download now!
For Daily Legal Updates, Join us on :
Back to top
Listen Article