Liquidator Cannot Recover Disputed Contractual Dues Under Insolvency Jurisdiction

Pooja Bahry Vs Uttar Pradesh Rajkiya Nirman Nigam Limited (NCLAT Delhi) The appeal under Section 61(1) of the Insolvency and Bankruptcy Code, 2016 arose from an order dated 26.09.2023 passed by the National Company Law Tribunal, New Delhi Bench-VI. By the impugned order, the Adjudicating Authority dismissed an application filed by the Liquidator seeking directions against two respondents for recovery of certain amounts claimed as dues payable to the Corporate Debtor. Aggrieved, the Liquidator preferred the present appeal. The Corporate Debtor had been sub-contracted by the first respondent to ...