The case involves an application filed by the Interim Resolution Professional (IRP) of Ind-Barath Power Infra Ltd under Section 19(2) of the Insolvency and Bankruptcy Code, 2016, seeking directions for the respondents to provide necessary documents and information and cooperate with the applicant in discharging his duties. The Respondent No.1 (Suspended Director) challenged the admission order passed by the Tribunal before the NCLAT. The applicant shared a preliminary information request list with the respondents, but the respondents allegedly did not fully cooperate. The applicant alleges that the respondents' actions expose their malafides and intention to halt the CIRP.
The Interim Resolution Professional (IRP) of Ind-Barath Power Infra Ltd filed an application under Section 19(2) of the Insolvency and Bankruptcy Code, 2016, seeking directions for the respondents to provide necessary documents and information. Respondent No.1 (Suspended Director) challenged the admission order passed by the Tribunal before the NCLAT. The applicant shared a preliminary information request list with the respondents on 03.11.2022. The applicant stated that when the matter came up for hearing on 03.11.2022 before the NCLAT, no stay was granted or any direction passed. The respondents allegedly did not fully cooperate, leading to delays in the CIRP. The applicant alleges that the respondents' actions expose their malafides and intention to halt the CIRP.
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The case involves an application filed by the Interim Resolution Professional (IRP) of Ind-Barath Power Infra Ltd under Section 19(2) of the Insolvency and Bankruptcy Code, 2016, seeking directions for the respondents to provide necessary documents and information and cooperate with the applicant in discharging his duties. The Respondent No.1 (Suspended Director) challenged the admission order passed by the Tribunal before the NCLAT. The applicant shared a preliminary information request list with the respondents, but the respondents allegedly did not fully cooperate. The applicant alleges that the respondents' actions expose their malafides and intention to halt the CIRP.
The Interim Resolution Professional (IRP) of Ind-Barath Power Infra Ltd filed an application under Section 19(2) of the Insolvency and Bankruptcy Code, 2016, seeking directions for the respondents to provide necessary documents and information. Respondent No.1 (Suspended Director) challenged the admission order passed by the Tribunal before the NCLAT. The applicant shared a preliminary information request list with the respondents on 03.11.2022. The applicant stated that when the matter came up for hearing on 03.11.2022 before the NCLAT, no stay was granted or any direction passed. The respondents allegedly did not fully cooperate, leading to delays in the CIRP. The applicant alleges that the respondents' actions expose their malafides and intention to halt the CIRP.
…Applicant sent…
Representative of the Applicant met with…