Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2018 (5) TMI 735

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... icating Authority) Rules, 2016 (‘the Rules’) for initiating the insolvency resolution process was admitted on 28.02.2018. The matter was fixed for today for passing of the formal order of appointment of Interim Resolution Professional, Ms. Mandeep Gujral, who has furnished communication in Form No.2, which was found to be in order as observed in the order dated 28.02.2018. The proposed Interim Res .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... jral, who has furnished communication in Form No.2, which was found to be in order as observed in the order dated 28.02.2018. The proposed Interim Resolution Professional is also present in person. 2. In view of the above, we further issue the following directions: - (i) Appoint Ms. Mandeep Gujral, Registration No. IBBI/IPA-001/IP-P00507/2017-18/10908, resident of # 3073 Sector 46-C, Chandig .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e duties as are enjoined on the Interim Resolution Professional under Section 18 and other relevant provisions of the Code , including taking control and custody of the assets over which the Corporate Debtor has ownership rights recorded in the balance sheet of the Corporate Debtor etc. as provided in Section 18 (1) (f) of the Code . The Interim Resolution Professional is directed to prepare .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... g concern and extend all co-operation in accessing books and records as well as assets of the Corporate Debtor ; and (vi) The Interim Resolution Professional shall cause a public announcement within three days as contemplated under Regulation 6 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 of the initiation of the Corpor .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates