{"id":261453,"date":"2019-02-27T06:07:53","date_gmt":"2019-02-27T06:07:53","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=261453"},"modified":"2019-02-27T06:22:34","modified_gmt":"2019-02-27T06:22:34","slug":"bhels-claims-nclat-dismisses-monnet-powers-petition","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bhels-claims-nclat-dismisses-monnet-powers-petition\/","title":{"rendered":"BHEL\u2019s claims: NCLAT dismisses Monnet Power\u2019s petition"},"content":{"rendered":"<p>The NCLAT on Tuesday dismissed a petition of the insolvency resolution professional (IRP) of debt-ridden Monnet Power Company against an NCLT order, which had directed the firm to reconsider the claims of its operational creditor, state-owned BHEL. <\/p>\n<p>A two-member NCLAT Bench headed by Justice SJ Mukhopadhaya asked the IRP to act in accordance with the directions passed by the Mumbai Bench of the NCLT on October 12, 2018, directing it to re-examine the claims of BHEL. <\/p>\n<p>The NCLT Mumbai had said the IRP of Monnet Power had \u201cwrongly disallowed the substantial claim in its entirety\u201d of BHEL, an operational creditor of the company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The NCLAT on Tuesday dismissed a petition of the insolvency resolution professional (IRP) of debt-ridden Monnet Power Company against an NCLT order, which had directed the firm to reconsider the claims of its operational creditor, state-owned BHEL. A two-member NCLAT Bench headed by Justice SJ Mukhopadhaya asked the IRP to act in accordance with the directions passed by the Mumbai Bench of the NCLT on October 12, 2018, directing it to re-examine the claims of BHEL. The NCLT Mumbai had said the IRP of Monnet Power had \u201cwrongly disallowed the substantial claim in its entirety\u201d of BHEL, an operational creditor [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-261453","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/261453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=261453"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/261453\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=261453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=261453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=261453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}