The case involves a contempt case before the National Company Law Appellate Tribunal (NCLAT) concerning the handing over of records by the Resolution Professional. The appellant claimed non-compliance with the tribunal's directions. The appellant is the Committee of Creditors of Leel Electricals Ltd. and the respondent is Arvind Mittal, IRP of Leel Electricals Ltd.
The Committee of Creditors of Leel Electricals Ltd. filed a contempt case against Arvind Mittal, IRP of Leel Electricals Ltd., alleging non-compliance with the NCLAT's directions regarding the handing over of records. During the proceedings, the appellant's advocate, Mr. Ankur Mittal, admitted that the directions had been complied with. Furthermore, Mr. Mittal stated that the appellant is in the process of approaching the IBBI (Regulator) to take action against Mr. Arvind Mittal, IRP. Given the compliance and the ongoing action with the IBBI, the NCLAT concluded that nothing survived for consideration in the contempt case.
Sign in to view the parties.
Mr. Ankur Mittal, Advocate representing the…
Sign in to view related legal provisions.
The case involves a contempt case before the National Company Law Appellate Tribunal (NCLAT) concerning the handing over of records by the Resolution Professional. The appellant claimed non-compliance with the tribunal's directions. The appellant is the Committee of Creditors of Leel Electricals Ltd. and the respondent is Arvind Mittal, IRP of Leel Electricals Ltd.
The Committee of Creditors of Leel Electricals Ltd. filed a contempt case against Arvind Mittal, IRP of Leel Electricals Ltd., alleging non-compliance with the NCLAT's directions regarding the handing over of records. During the proceedings, the appellant's advocate, Mr. Ankur Mittal, admitted that the directions had been complied with. Furthermore, Mr. Mittal stated that the appellant is in the process of approaching the IBBI (Regulator) to take action against Mr. Arvind Mittal, IRP. Given the compliance and the ongoing action with the IBBI, the NCLAT concluded that nothing survived for consideration in the contempt case.
Mr. Ankur Mittal, Advocate representing the…
Sign in to view related legal provisions.