The case involves Relan Buildwell Pvt. Ltd. and Kaliber Associates Pvt. Ltd. before the National Company Law Tribunal (NCLT), New Delhi Bench. The Resolution Professional (RP) filed an application citing non-cooperation from the Ex-Directors. A vague email was received from the Ex-Directors as an explanation to queries, which the court deemed insufficient. The statutory auditor confirmed that no sale of immovable property was brought to his notice during the auditing of the Corporate Debtor's account. The Ex-Directors' statement regarding property sales appeared baseless.
Relan Buildwell Pvt. Ltd. is involved in a case with Kaliber Associates Pvt. Ltd. before the NCLT. The RP filed an application citing non-cooperation from the Ex-Directors of Relan Buildwell. The Ex-Directors provided a vague email as an explanation to queries. The statutory auditor stated that no sale of immovable property was brought to his notice during the audit. The Ex-Directors claimed properties were sold way back. The RP requested an investigation into the matter. The court directed the Ex-Directors to file an affidavit with details of all available information. The statutory auditor was also directed to file an affidavit regarding the preparation of audited accounts and financial statements.
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A vague email was…
Hearing befo…
The case involves Relan Buildwell Pvt. Ltd. and Kaliber Associates Pvt. Ltd. before the National Company Law Tribunal (NCLT), New Delhi Bench. The Resolution Professional (RP) filed an application citing non-cooperation from the Ex-Directors. A vague email was received from the Ex-Directors as an explanation to queries, which the court deemed insufficient. The statutory auditor confirmed that no sale of immovable property was brought to his notice during the auditing of the Corporate Debtor's account. The Ex-Directors' statement regarding property sales appeared baseless.
Relan Buildwell Pvt. Ltd. is involved in a case with Kaliber Associates Pvt. Ltd. before the NCLT. The RP filed an application citing non-cooperation from the Ex-Directors of Relan Buildwell. The Ex-Directors provided a vague email as an explanation to queries. The statutory auditor stated that no sale of immovable property was brought to his notice during the audit. The Ex-Directors claimed properties were sold way back. The RP requested an investigation into the matter. The court directed the Ex-Directors to file an affidavit with details of all available information. The statutory auditor was also directed to file an affidavit regarding the preparation of audited accounts and financial statements.
A vague email was…
Hearing befo…