# In the matter of Ind-Barath Power Infra Ltd. IA (IBC) 1176 & 1552-2022 & IA (IBC) 26-2023 in CP(IB) No.363-7-HDB-2020

> NCLT judgment dated 2023-03-31. Citation: TCN-2023-NCLT-03953. The case involves an application filed by the Interim Resolution Professional (IRP) of…

- **Court:** NCLT
- **Order date:** 31 Mar 2023
- **Citation:** TCN-2023-NCLT-03953
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/ind-barath-power-infra-ltd-ia-ibc-1176-1552-2022-ia-ibc-26-2023-in-cpib-no363-7-fac650b6

## Summary

### Background

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.

## Facts

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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## Issues and analysis

### Issue 1: Whether the Respondents are obligated to provide the necessary documents and information to the …

**Ratio:** Section 19(3) of the Insolvency and Bankruptcy Code (IBC) mandates that personnel extend

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**Reasoning:** The court reasoned that it is imperative on the part of the Suspended Management to

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**Interpretation:** Section 19(3) of the IBC places a statutory obligation on personnel to

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**Application:** The court applied this principle to the present case, directing the suspended

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## Parties

- **Judges:** Venkata Ramakrishn…; SH. CHARAN…
- **Appellants:** India Infrastructu…
- **Respondents:** Ind-Barath Power…; Ind Barath Power…

## Timeline

- **2022-10-26 — Applicant's…**: Applicant sent an email…
- **2022-11-02 — Meeting with Respondent…**: Representative of the Applicant met with Respondent No.3, who agreed to provide the…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 19(2) — Personnel to extend co-operation to interim…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-19)

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