IN CP(IB) No. 973 of 2020 Under Section 60(5) of the Insolvency and Bankruptcy Code, 2016 read with Rule 11 of the NCLT Rules, 2016 In the Application of Union Bank of India …Applicant Versus Mr. Amit Chandrakant Shah …Respondent In the matter of Bank of India …Financial Creditor /Petitioner Versus Frost International Limited …Corporate Debtor Order Delivered On : 24.03.2026 Coram Sh.Prabhat Kumar Sh.Sushil Mahadeorao Kochey Member (Technical) Member (Judicial)

Appearances:

For the Applicant : Adv Malhar Zatakia a/w Adv Drishti Ojha i/b Legal Prism For Respondent No.1 : Adv. Astha Ojha a/w Adv. Jash Shah &

Adv. Prateek Kumar Brief facts:

1. The present Interlocutory Application has been filed on 20.09.2025 by the Applicant under Section 60(5) of the Insolvency and Bankruptcy Code, 2016 (“Code”) read with Rules 11 of the NCLT Rules, 2016, seeking directions to Respondent-Resolution Professional for admitting claim of the Applicant being financial creditor, thereby praying the following:

a. To allow the present Interlocutory Application;

b. Direct the Respondent-Resolution Professional to admit the claim of Rs.27,48,32,625.55 (Rupees Twenty-Seven Crore Forty-Eight Lakh Thirty- Two Thousand