The petitioner, Vinay Mahendru, filed a writ petition in the High Court of Delhi seeking a direction to Respondent No. 1 (Insolvency and Bankruptcy Board of India & Anr.) to adjudicate a complaint against a Resolution Professional (RP). The complaint was filed by the petitioner. The complaint was received by the respondent on January 19, 2023. The petitioner argued that Regulation 7 of the IBBI (Grievances and Complaint Handling Procedure) Regulation, 2017, mandates the disposal of such complaints within 30 days. More than 180 days had passed without any resolution or explanation for the delay. The court considered the delay and directed the respondents to dispose of the complaint within 30 days.

The petitioner, Vinay Mahendru, filed a writ petition in the High Court of Delhi seeking a direction to Respondent No. 1 (Insolvency and Bankruptcy Board of India & Anr.) to adjudicate a complaint against a Resolution Professional (RP). The complaint was filed by the petitioner. The complaint was received by the respondent on January 19, 2023. The petitioner argued that Regulation 7 of the IBBI (Grievances and Complaint Handling Procedure) Regulation, 2017, mandates the disposal of such complaints within 30 days. More than 180 days had passed without any resolution or explanation for the delay. The court considered the delay and directed the respondents to dispose of the complaint within 30 days.