The case pertains to a Contempt Petition No. 05/KB/2022 filed by Hemant Kanoria against Punjab & Sind Bank and others for allegedly violating an order dated 07 February 2022 passed by the Adjudicating Authority in IA (IB) No.75/KB/2022 in CP (IB) No. 295/KB/2021.
Hemant Kanoria filed a Contempt Petition No. 05/KB/2022 against Punjab & Sind Bank and others.
The contempt petition alleges violation of an order dated 07 February 2022.
The order was passed by the Adjudicating Authority in IA (IB) No.75/KB/2022 in CP (IB) No. 295/KB/2021.
The applicant claims the respondents declared the accounts of SIFL and SEFL as fraud accounts based on the KPMG report.
The KPMG report was the subject matter of IA (IB) No.75/KB/2022.
The court had directed that there shall be no further dissemination of the KPMG report.
The respondents argued they only utilized the information from the KPMG report and analyzed it.
The respondents claimed they did not further circulate the KPMG report.
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The case pertains to a Contempt Petition No. 05/KB/2022 filed by Hemant Kanoria against Punjab & Sind Bank and others for allegedly violating an order dated 07 February 2022 passed by the Adjudicating Authority in IA (IB) No.75/KB/2022 in CP (IB) No. 295/KB/2021.
Hemant Kanoria filed a Contempt Petition No. 05/KB/2022 against Punjab & Sind Bank and others.
The contempt petition alleges violation of an order dated 07 February 2022.
The order was passed by the Adjudicating Authority in IA (IB) No.75/KB/2022 in CP (IB) No. 295/KB/2021.
The applicant claims the respondents declared the accounts of SIFL and SEFL as fraud accounts based on the KPMG report.
The KPMG report was the subject matter of IA (IB) No.75/KB/2022.
The court had directed that there shall be no further dissemination of the KPMG report.
The respondents argued they only utilized the information from the KPMG report and analyzed it.
The respondents claimed they did not further circulate the KPMG report.
Order reserve…
Order pronounc…
Sign in to view related legal provisions.