# In the matter of Karuturi Global Limited I.A No. 127-2020 in C.P. No. 216-BB-2018

> NCLT judgment dated 2020-03-02. Citation: TCN-2020-NCLT-01727. The case pertains to I.A. No. 127 of 2020 filed in C.P. (IB) No. 216/BB/2018 by Mr. Ghanshyam…

- **Court:** NCLT
- **Order date:** 2 Mar 2020
- **Citation:** TCN-2020-NCLT-01727
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/karuturi-global-limited-ia-no-127-2020-in-cp-no-216-bb-2018-eba27faf

## Summary

### Background

The case pertains to I.A. No. 127 of 2020 filed in C.P. (IB) No. 216/BB/2018 by Mr. Ghanshyam Das Mundra, the Resolution Professional of M/s. Karuturi Global Limited, under Section 14 & 60 (5) of the Insolvency and Bankruptcy Code (IBC) r/w Rule 11 of the NCLT Rules, 2016. The application seeks certain reliefs, including prohibiting the Respondent from prosecuting O.S 95/2020, permitting the Applicant to take possession of the schedule property, and directing the local police to provide necessary assistance to the Applicant in performing his statutory duties.

## Facts

Mr. Ghanshyam Das Mundra, the Resolution Professional of M/s. Karuturi Global Limited, filed I.A. No. 127 of 2020 in C.P. (IB) No. 216/BB/2018 under Section 14 & 60 (5) of the IBC r/w Rule 11 of the NCLT Rules, 2016. The application sought orders prohibiting the Respondent from prosecuting O.S 95/2020, permitting the Applicant to take possession of the schedule property, and directing the local police to provide necessary assistance. The applicant restricted the relief sought to directing the local police to provide assistance. The respondent in the application is Mr. Anil Tumu. The application was filed in the context of ongoing CIRP proceedings against Karuturi Global Limited.

## Issues and analysis

### Issue 1: Whether the Adjudicating Authority should direct the local police to provide necessary assistance …

**Ratio:** The responsibility of the local Police to extend necessary assistance to the RP in

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**Reasoning:** The court reasoned that it goes without saying that it is the responsibility of the local

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**Interpretation:** The interpretation is that the local police have a legal obligation to assist

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**Application:** The court applied this principle to the specific facts by stating that it would

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## Parties

- **Judges:** Rajeswara Rao…; Ashutosh C…
- **Appellants:** Ghanshyam Das…
- **Respondents:** Karuturi Global…; Anil…

## Timeline

- **2020-02-17 — Speaking Ord…**: Speaking order date…
- **2020-03-02 — Order Da…**: Date of the order for…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 14 — Moratorium](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-14)

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