2018 (1) TMI 1416 - Tri - Companies Law

Stay on the Corporate Insolvency Resolution Proceedings - removal of RP and taking disciplinary action against RP - Held that - Before passing any order we would like to see the report of the RP on this application. RP may file his report, in the form of a supplementary affidavit, against this application within 15 days - List it on 12/02/2018 for further order.

Summary

The National Company Law Tribunal, Kolkata directed the Resolution Professional to file a report in response to the corporate debtor's application seeking to stay the Corporate Insolvency Resolution Proceedings and take disciplinary action against the RP. The RP was given 15 days to submit the report as a supplementary affidavit. Next hearing scheduled for 12/02/2018.