The case involves an application (IA 859/2022) filed in an ongoing Corporate Insolvency Resolution Process (CIRP) against Hari Shankar Paper Products Pvt Ltd. The application was filed by the Resolution Professional, Mr. Sunit Jagdishchandra Shah, seeking directions from the NCLT to the respondents (suspended directors of the corporate debtor) to provide detailed information necessary for conducting the CIRP. The CIRP was initiated on 2022-04-13.
The Interim Resolution Professional (IRP), Mr. Sunit Jagdishchandra Shah, was appointed following an order dated 2022-04-13 by the NCLT Hyderabad. The IRP visited the registered office of the Corporate Debtor (Hari Shankar Paper Products Pvt Ltd) on 2022-04-23 and observed that the Corporate Debtor was not actively operating. The IRP requested the respondents (Mr. Shiv Shankar Taparia and Mr. Ram Kishore Taparia, suspended directors) to provide records and documents of the Corporate Debtor. Despite reminders, the respondents failed to provide the required information, hindering the CIRP. The Resolution Professional filed IA 859/2022 seeking directions from the NCLT to compel the respondents to cooperate and provide the necessary information.
Sign in to view the parties.
Date of initiation of…
The Interim Resolution Professional (IRP)…
The case involves an application (IA 859/2022) filed in an ongoing Corporate Insolvency Resolution Process (CIRP) against Hari Shankar Paper Products Pvt Ltd. The application was filed by the Resolution Professional, Mr. Sunit Jagdishchandra Shah, seeking directions from the NCLT to the respondents (suspended directors of the corporate debtor) to provide detailed information necessary for conducting the CIRP. The CIRP was initiated on 2022-04-13.
The Interim Resolution Professional (IRP), Mr. Sunit Jagdishchandra Shah, was appointed following an order dated 2022-04-13 by the NCLT Hyderabad. The IRP visited the registered office of the Corporate Debtor (Hari Shankar Paper Products Pvt Ltd) on 2022-04-23 and observed that the Corporate Debtor was not actively operating. The IRP requested the respondents (Mr. Shiv Shankar Taparia and Mr. Ram Kishore Taparia, suspended directors) to provide records and documents of the Corporate Debtor. Despite reminders, the respondents failed to provide the required information, hindering the CIRP. The Resolution Professional filed IA 859/2022 seeking directions from the NCLT to compel the respondents to cooperate and provide the necessary information.
Date of initiation of…
The Interim Resolution Professional (IRP)…