2018 (7) TMI 2118 - Tri - Insolvency and Bankruptcy

Maintainability of application of Creditors - HELD THAT - The Tribunal, in its order dated 14.05.2018, has given directions to the RP to give an objective report as to why the application of the Creditor, Shri Bharath Kumar Dugar has been rejected for issuing necessary orders in this regard. The counsel is directed to approach the RP for necessary action. Application disposed off.

Summary

The National Company Law Tribunal, Chennai directed the Resolution Professional to provide an objective report on why the application of the Creditor, Shri Bharath Kumar Dugar, was rejected. The Counsel was instructed to approach the Resolution Professional for further action. The case was disposed of.