The Resolution Professional (RP) was aggrieved because, despite the Adjudicating Authority expunging certain remarks in its order dated May 26, 2018, on September 17, 2018, the IBBI had not dropped the proceedings initiated against him. The order of Admission was neither communicated by the Bench Officer to the parties nor uploaded on the net.
The Resolution Professional (RP) felt aggrieved because the IBBI did not drop proceedings against him even after the Adjudicating Authority expunged certain remarks in its order dated May 26, 2018, on September 17, 2018. The order of Admission was not communicated or uploaded. The RP explained that the delay was not his fault. A show cause notice was issued against the RP based on communication to the IBBI. The RP submitted that he would complete the resolution within time. The key fact is that the court had previously expunged remarks related to the delay, but the IBBI continued proceedings.
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The Resolution Professional (RP) was aggrieved because, despite the Adjudicating Authority expunging certain remarks in its order dated May 26, 2018, on September 17, 2018, the IBBI had not dropped the proceedings initiated against him. The order of Admission was neither communicated by the Bench Officer to the parties nor uploaded on the net.
The Resolution Professional (RP) felt aggrieved because the IBBI did not drop proceedings against him even after the Adjudicating Authority expunged certain remarks in its order dated May 26, 2018, on September 17, 2018. The order of Admission was not communicated or uploaded. The RP explained that the delay was not his fault. A show cause notice was issued against the RP based on communication to the IBBI. The RP submitted that he would complete the resolution within time. The key fact is that the court had previously expunged remarks related to the delay, but the IBBI continued proceedings.
The Adjudicating…
The remarks mad…
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