The case involves an application filed by the Resolution Professional of Orange Medicare and Research Centre Private Limited (Corporate Debtor) seeking cooperation from the suspended board members (R1 & R2), statutory auditor (R3), and company secretary (R4) for providing information and documents pertaining to the Corporate Debtor. The applicant claims to have sent emails to the suspended board requesting information, but most of it remains pending. The applicant also sought assistance from police officials to take control and custody of the Corporate Debtor's assets.
The Resolution Professional of Orange Medicare and Research Centre Private Limited filed an application seeking cooperation from the suspended board members, statutory auditor, and company secretary to provide information and documents related to the Corporate Debtor. The Resolution Professional sent emails to the suspended board between 2020-03-12 and 2020-07-19, requesting information, but most of it remained pending. The Resolution Professional also sought police assistance to take control of the Corporate Debtor's assets. The suspended directors claimed they provided available information and that the Resolution Professional's possession-taking was flawed. The court found that the suspended directors were consciously withholding statutory records and books of
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The Applicant sent emails from 12.03.2020 to…
The Applicant sent emails from 12.03.2020 to…
The case involves an application filed by the Resolution Professional of Orange Medicare and Research Centre Private Limited (Corporate Debtor) seeking cooperation from the suspended board members (R1 & R2), statutory auditor (R3), and company secretary (R4) for providing information and documents pertaining to the Corporate Debtor. The applicant claims to have sent emails to the suspended board requesting information, but most of it remains pending. The applicant also sought assistance from police officials to take control and custody of the Corporate Debtor's assets.
The Resolution Professional of Orange Medicare and Research Centre Private Limited filed an application seeking cooperation from the suspended board members, statutory auditor, and company secretary to provide information and documents related to the Corporate Debtor. The Resolution Professional sent emails to the suspended board between 2020-03-12 and 2020-07-19, requesting information, but most of it remained pending. The Resolution Professional also sought police assistance to take control of the Corporate Debtor's assets. The suspended directors claimed they provided available information and that the Resolution Professional's possession-taking was flawed. The court found that the suspended directors were consciously withholding statutory records and books of
…The Applicant sent emails from 12.03.2020 to…
The Applicant sent emails from 12.03.2020 to…