The case involves an application MA/243/2019 in CP/738/IB/2018 before the National Company Law Tribunal (NCLT), Chennai Bench. The Resolution Professional (RP) and Respondent 1 (R1) are present with their respective counsels. Respondent 4 (R4) is removed from the array of respondents as the applicant's counsel stated they are giving up R4.
The application MA/243/2019 was filed in CP/738/IB/2018. The Resolution Professional (RP) and Respondent 1 (R1) were present with their counsels. Respondent 4 (R4) was removed from the list of respondents. Mr. Gurushekhar, previously in charge of the Corporate Debtor's accounts, expressed willingness to assist the RP if compensated. The court directed R1 to instruct Mr. Gurushekhar to complete the accounts under the RP's guidance, with payment to be made by the RP, subject to CoC approval. R1 is required to file an affidavit of compliance.
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The case involves an application MA/243/2019 in CP/738/IB/2018 before the National Company Law Tribunal (NCLT), Chennai Bench. The Resolution Professional (RP) and Respondent 1 (R1) are present with their respective counsels. Respondent 4 (R4) is removed from the array of respondents as the applicant's counsel stated they are giving up R4.
The application MA/243/2019 was filed in CP/738/IB/2018. The Resolution Professional (RP) and Respondent 1 (R1) were present with their counsels. Respondent 4 (R4) was removed from the list of respondents. Mr. Gurushekhar, previously in charge of the Corporate Debtor's accounts, expressed willingness to assist the RP if compensated. The court directed R1 to instruct Mr. Gurushekhar to complete the accounts under the RP's guidance, with payment to be made by the RP, subject to CoC approval. R1 is required to file an affidavit of compliance.
Hearing held a…
Case put up f…