9911796707
TMI Blog2017 (12) TMI 1651X X X X Extracts X X X X X X X X Extracts X X X X ..... ofessional - Held that:- From the date of appointment of IRP the management of the affairs of the corporate debtor shall vest in the IRP. Therefore, after initiation of Corporate Insolvency Resolution Process promoter-Director or any person has nothing to say during the period of moratorium. However, there is any violation of regulation, promoter-Director can challenge the Resolution Plan after th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nce and security to the applicant/Resolution Professional to visit the factory premises on specified date and time to be fixed by him upon prior notice along with the personnel to be accompanied by him to visit the factory premises at Nandanpur, Block - Mejia, District -Bankura, West Bengal and to carry out his statutory duties and obligations peacefully and without any hindrance or resistance wha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... th you and other CoC members. Before proceeding to factory site, please intimate the names of the CoC personnel with their designation so that arrangements can be made for their entry. Hope you will understand the situation and avoid any embarrassment to the company, its directors, team of CoC members and also the valuation team members . From the date of appointment of IRP the management o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ffective assistance to the Resolution Professional in valuation of the company. In discharge of his duty any interference in the work of the Resolution Professional, action shall be initiated against the corporate debtor and it will be presumed that that corporate debtor is not obeying the order of the Court. It is expected that corporate debtor should fully cooperate with the Resolution Professio ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
