The application was filed by the Resolution Professional seeking exemption from the requirement to appoint a CFO and Company Secretary as mandated by Section 203 of the Companies Act, 2013, read with Rule 8 and 8A of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, and to update the record of resignation of Mr. Rajender Kumar from the post of CFO and not to levy any penalty on the corporate debtor for non-compliance from 29.03.2020. The corporate debtor was admitted into CIRP on 07.02.2020, and a moratorium was declared. The Resolution Professional stated that Mr. Rajender Kumar had resigned in January 2020, before the CIRP commencement. The Registrar of Companies (RoC) filed a reply stating that the e-form GNL-2 for Mr. Rajender
…Parivartan Investment and Finance Company initiated Corporate Insolvency Resolution Process (CIRP) against Haryana Telecom Limited. The CIRP was initiated via an order dated 07.02.2020, which also imposed a moratorium. Mr. Rajender Kumar, the CFO of Haryana Telecom Limited, resigned in January 2020, prior to the commencement of CIRP. The Resolution Professional (RP) sought an exemption from the mandatory requirement to appoint a CFO and Company Secretary, as per Section 203 of the Companies Act, 2013, because the corporate debtor was undergoing CIRP and the unit had been closed for the past 15 years. The RP filed Form GNL-2 on 29.03.2020 to update the RoC about Mr. Kumar's resignation. The Registrar of Companies (RoC) acknowledged that Mr. Kumar's resignation was
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Mr. Rajender Kumar…
Corporate Insolvency Resolution Process (CIRP)…
The application was filed by the Resolution Professional seeking exemption from the requirement to appoint a CFO and Company Secretary as mandated by Section 203 of the Companies Act, 2013, read with Rule 8 and 8A of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, and to update the record of resignation of Mr. Rajender Kumar from the post of CFO and not to levy any penalty on the corporate debtor for non-compliance from 29.03.2020. The corporate debtor was admitted into CIRP on 07.02.2020, and a moratorium was declared. The Resolution Professional stated that Mr. Rajender Kumar had resigned in January 2020, before the CIRP commencement. The Registrar of Companies (RoC) filed a reply stating that the e-form GNL-2 for Mr. Rajender
…Parivartan Investment and Finance Company initiated Corporate Insolvency Resolution Process (CIRP) against Haryana Telecom Limited. The CIRP was initiated via an order dated 07.02.2020, which also imposed a moratorium. Mr. Rajender Kumar, the CFO of Haryana Telecom Limited, resigned in January 2020, prior to the commencement of CIRP. The Resolution Professional (RP) sought an exemption from the mandatory requirement to appoint a CFO and Company Secretary, as per Section 203 of the Companies Act, 2013, because the corporate debtor was undergoing CIRP and the unit had been closed for the past 15 years. The RP filed Form GNL-2 on 29.03.2020 to update the RoC about Mr. Kumar's resignation. The Registrar of Companies (RoC) acknowledged that Mr. Kumar's resignation was
…Mr. Rajender Kumar…
Corporate Insolvency Resolution Process (CIRP)…