The Resolution Professional (RP) filed an application stating the need for protection from the Central Industrial Security Force (CISF) to conduct a survey of the mine belonging to the Corporate Debtor, M/s. Tiffins Barytes Asbestos & Pains Limited, located in Vemula Village and Mandal, YSR District, Andhra Pradesh. The survey would be conducted with the help of an authorized surveyor appointed by the applicant, along with his men and representatives, and the applicant would bear the expenditure.
The Resolution Professional (RP), Vasudevan, sought protection from the Central Industrial Security Force (CISF) to conduct a survey of the mine belonging to the Corporate Debtor, M/s. Tiffins Barytes Asbestos & Pains Limited, situated in Vemula Village and Mandal, YSR District, Andhra Pradesh. The RP intended to use an authorized surveyor, along with his team, for the survey. The RP stated he would bear the expenses. The court heard the counsel for the applicant and reviewed the application, finding the reasons for seeking CISF protection to be genuine. This is relevant because the RP needs to safely assess the assets of the corporate debtor during the insolvency resolution process.
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Hearing of Chennai…
RP filed an application for CISF protection to…
The Resolution Professional (RP) filed an application stating the need for protection from the Central Industrial Security Force (CISF) to conduct a survey of the mine belonging to the Corporate Debtor, M/s. Tiffins Barytes Asbestos & Pains Limited, located in Vemula Village and Mandal, YSR District, Andhra Pradesh. The survey would be conducted with the help of an authorized surveyor appointed by the applicant, along with his men and representatives, and the applicant would bear the expenditure.
The Resolution Professional (RP), Vasudevan, sought protection from the Central Industrial Security Force (CISF) to conduct a survey of the mine belonging to the Corporate Debtor, M/s. Tiffins Barytes Asbestos & Pains Limited, situated in Vemula Village and Mandal, YSR District, Andhra Pradesh. The RP intended to use an authorized surveyor, along with his team, for the survey. The RP stated he would bear the expenses. The court heard the counsel for the applicant and reviewed the application, finding the reasons for seeking CISF protection to be genuine. This is relevant because the RP needs to safely assess the assets of the corporate debtor during the insolvency resolution process.
Hearing of Chennai…
RP filed an application for CISF protection to…