NCLAT Held That RP Should Investigate The Veracity And Genuineness Of Claims In The Light Of Provisions Of IBC And Regulations 13 And 14 Of CIRP Regulations

In a significant development, while setting aside the order dated 17.06.2020 of Ld.' NCLT, Kolkata Bench, where the Ld.' NCLT dismissed the application of the P.M. Cold Storage Pvt. Ltd., having considered various documents submitted by New Hind Silk House Private Limited (NHSH) regarding its claim along with Form C and held that RP has...