The case involves a matter before the National Company Law Tribunal (NCLT), New Delhi Bench, concerning the Central Bank of India. Mr. Damodar Prasad Gupta, an Insolvency Professional (IP) appointed as Resolution Professional (RP), submitted that the order passed by the Tribunal appointing him as RP could be received by him on 10.09.2024. However, he is not the IP who accorded his consent to the creditor, Central Bank of India, to act as RP. He took no steps in the matter in terms of Section 99 of IBC, 2016.
The Central Bank of India is the applicant/petitioner in this case. Mr. Damodar Prasad Gupta was appointed as RP. The order appointing Mr. Gupta as RP was received by him on 10.09.2024. Mr. Gupta is not the IP who consented to the Central Bank of India acting as RP. Mr. Gupta did not take steps in terms of Section 99 of IBC, 2016. The order was received by Mr. Damodar Prasad Gupta on 10.09.2024, and he should have informed the bench earlier. The case is listed on 04.11.2024.
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Order issued appointing…
Mr. Damodar Prasad…
The case involves a matter before the National Company Law Tribunal (NCLT), New Delhi Bench, concerning the Central Bank of India. Mr. Damodar Prasad Gupta, an Insolvency Professional (IP) appointed as Resolution Professional (RP), submitted that the order passed by the Tribunal appointing him as RP could be received by him on 10.09.2024. However, he is not the IP who accorded his consent to the creditor, Central Bank of India, to act as RP. He took no steps in the matter in terms of Section 99 of IBC, 2016.
The Central Bank of India is the applicant/petitioner in this case. Mr. Damodar Prasad Gupta was appointed as RP. The order appointing Mr. Gupta as RP was received by him on 10.09.2024. Mr. Gupta is not the IP who consented to the Central Bank of India acting as RP. Mr. Gupta did not take steps in terms of Section 99 of IBC, 2016. The order was received by Mr. Damodar Prasad Gupta on 10.09.2024, and he should have informed the bench earlier. The case is listed on 04.11.2024.
Order issued appointing…
Mr. Damodar Prasad…