The case involves an application filed by Mr. Nazeeb Peediyakkal Abdul Salim, who was arrayed as Respondent No. 3 in IA(IBC)/97/KOB/2023 under Section 60(5) & 66 of the IBC, 2016 read with Rule 11 of the NCLT Rules, 2016. The applicant seeks to delete and strike off his name from the array of parties in IA(IBC)/97/KOB/2022 in CP(IB)/45/KOB/2021, arguing that he is neither a necessary nor a proper party.
Mr. Nazeeb Peediyakkal Abdul Salim, formerly a director of M/s. Savute Textiles Private Limited, was arrayed as Respondent No. 3 in IA(IBC)/97/KOB/2023. He had been appointed as an Additional Director of the Corporate Debtor on 2015-03-26 for a one-year term but claims he did not have the opportunity to participate in the affairs of the Corporate Debtor. Consequently, he submitted his resignation to Respondent Nos. 2 and 3, directors of the Corporate Debtor, via email on 2021-11-10 and speed post on 2021-11-09. He subsequently filed Form DIR-11 with the ROC, receiving acknowledgment from the Ministry of Corporate Affairs on 2022-03-16. He contends that he should not be held liable for the actions of Respondent Nos. 2, 3, 4, 10, 11, 12, and 13. The applicant seeks to be
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Mr. Nazeeb Peediyakkal Abdul Saleem was…
Mr. Nazeeb Peediyakkal Abdul Saleem sent his…
The case involves an application filed by Mr. Nazeeb Peediyakkal Abdul Salim, who was arrayed as Respondent No. 3 in IA(IBC)/97/KOB/2023 under Section 60(5) & 66 of the IBC, 2016 read with Rule 11 of the NCLT Rules, 2016. The applicant seeks to delete and strike off his name from the array of parties in IA(IBC)/97/KOB/2022 in CP(IB)/45/KOB/2021, arguing that he is neither a necessary nor a proper party.
Mr. Nazeeb Peediyakkal Abdul Salim, formerly a director of M/s. Savute Textiles Private Limited, was arrayed as Respondent No. 3 in IA(IBC)/97/KOB/2023. He had been appointed as an Additional Director of the Corporate Debtor on 2015-03-26 for a one-year term but claims he did not have the opportunity to participate in the affairs of the Corporate Debtor. Consequently, he submitted his resignation to Respondent Nos. 2 and 3, directors of the Corporate Debtor, via email on 2021-11-10 and speed post on 2021-11-09. He subsequently filed Form DIR-11 with the ROC, receiving acknowledgment from the Ministry of Corporate Affairs on 2022-03-16. He contends that he should not be held liable for the actions of Respondent Nos. 2, 3, 4, 10, 11, 12, and 13. The applicant seeks to be
…Mr. Nazeeb Peediyakkal Abdul Saleem was…
Mr. Nazeeb Peediyakkal Abdul Saleem sent his…