The case involves IA 118 of 2020 and IA 119 of 2020 filed in the Indore Bench at Ahmedabad of the National Company Law Tribunal. IA 118 was filed by the Resolution Professional (RP) seeking direction to the Employees Provident Fund Organization to hand over possession of the Corporate Debtor's premises. IA 119 of 2020 was filed under Section 19 of IBC, 2016, seeking direction to the Suspended Management of the Corporate Debtor to hand over documents.
Abhimanyu Agro Pvt Ltd (Financial Creditor) filed a case against Gajra Bevel Gears Ltd. The Resolution Professional (RP) filed IA 118 of 2020 seeking direction to the Employees Provident Fund Organization to hand over possession of the premises of the Corporate Debtor. The RP also filed IA 119 of 2020 under Section 19 of IBC, 2016, seeking direction to the Suspended Management of the Corporate Debtor to hand over documents, including land documents, agreement details, debtor details, employee details, BIFR case details, investment details, bank statements, tax case details, PF department orders, mortgage details, related party details, BSE/SEBI filing details, and loan details. The court found the prayer in IA 118 to be not maintainable within its jurisdiction.
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The case involves IA 118 of 2020 and IA 119 of 2020 filed in the Indore Bench at Ahmedabad of the National Company Law Tribunal. IA 118 was filed by the Resolution Professional (RP) seeking direction to the Employees Provident Fund Organization to hand over possession of the Corporate Debtor's premises. IA 119 of 2020 was filed under Section 19 of IBC, 2016, seeking direction to the Suspended Management of the Corporate Debtor to hand over documents.
Abhimanyu Agro Pvt Ltd (Financial Creditor) filed a case against Gajra Bevel Gears Ltd. The Resolution Professional (RP) filed IA 118 of 2020 seeking direction to the Employees Provident Fund Organization to hand over possession of the premises of the Corporate Debtor. The RP also filed IA 119 of 2020 under Section 19 of IBC, 2016, seeking direction to the Suspended Management of the Corporate Debtor to hand over documents, including land documents, agreement details, debtor details, employee details, BIFR case details, investment details, bank statements, tax case details, PF department orders, mortgage details, related party details, BSE/SEBI filing details, and loan details. The court found the prayer in IA 118 to be not maintainable within its jurisdiction.
Order was passed on…
Main matter to appear…