The Petitioners approached the High Court of Delhi seeking a writ of mandamus or similar direction to initiate disciplinary proceedings against respondent no. 2 by respondent no. 1, the Insolvency and Bankruptcy Board of India (IBBI). They also sought a copy of the show cause notice issued to respondent no. 2 and permission to participate in the disciplinary proceedings. The petitioners stated that they had filed a complaint against the Interim Resolution Professional (IRP) on 2020-10-16, but were unaware of the outcome.
The Petitioners filed a complaint against the Interim Resolution Professional (IRP) on 2020-10-16, but were unaware of the outcome. The complaint did not adhere to the format prescribed under the IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017. The IBBI's counsel informed the court that the complaint had been disposed of by the Board. The Petitioners then approached the High Court of Delhi seeking a writ of mandamus to initiate disciplinary proceedings against respondent no. 2 and to obtain a copy of the show cause notice issued to respondent no. 2, and to participate in the disciplinary proceedings.
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The Petitioners approached the High Court of Delhi seeking a writ of mandamus or similar direction to initiate disciplinary proceedings against respondent no. 2 by respondent no. 1, the Insolvency and Bankruptcy Board of India (IBBI). They also sought a copy of the show cause notice issued to respondent no. 2 and permission to participate in the disciplinary proceedings. The petitioners stated that they had filed a complaint against the Interim Resolution Professional (IRP) on 2020-10-16, but were unaware of the outcome.
The Petitioners filed a complaint against the Interim Resolution Professional (IRP) on 2020-10-16, but were unaware of the outcome. The complaint did not adhere to the format prescribed under the IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017. The IBBI's counsel informed the court that the complaint had been disposed of by the Board. The Petitioners then approached the High Court of Delhi seeking a writ of mandamus to initiate disciplinary proceedings against respondent no. 2 and to obtain a copy of the show cause notice issued to respondent no. 2, and to participate in the disciplinary proceedings.
Petitioners filed a…
The High Court directed the Petitioners to…
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