2020 (10) TMI 1287 - Tri - Insolvency and Bankruptcy

Seeking control over subsidiary (Solitaire Infomedia Private Limited) assets - Seeking control on the ground they are connected to the corporate debtor company - application is filed by the RP of the Corporate Debtor - HELD THAT - Being no provision permitting this Bench to grant such relief, the application is dismissed.

Summary

The Tribunal dismissed an application by the RP of the Corporate Debtor seeking control over subsidiary assets, as there was no provision allowing the Bench to grant such relief. (Case: 2020 (10) TMI 1287 - NATIONAL COMPANY LAW TRIBUNAL NEW DELHI)