Police Halt Action on FIR Related to Transaction Under CIRP, Await Conclusion of Insolvency Process for Next Steps.

CIRP process - police has refused to act on the FIR - Since any action of the police will have to be based on investigation on the subject matter of the transaction, which is directly within the purview of the CIRP, it is to be deemed that the police cannot take further steps in the matter unless and until the CIRP culminates, in a resolution or otherwise. .....

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