9911796707
TMI Blog2021 (7) TMI 180X X X X Extracts X X X X X X X X Extracts X X X X ..... of the Respondent No 1, additional Superintendent of Police and District Magistrate of Betul stating that the local vendors may create disturbance on site at the time of delivery of the assets and therefore requested for assistance to ensure smooth flow of sale process and delivery of the assets - Further the Applicant states that, he has not received any reply nor assistance from the local Authorities and he is still not able to commence the process of auction of the Assets. Respondent Nos. 1 2 shall provide police protection to the Applicant immediately and assist him from any untoward incident taking place, to carry out his job as per directions of this Cour - Application disposed off. - IA No. 37 of 2021 in TCP (IB) No. 33/7/AMR/ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ptcy Petition TCP (IB) No. 33/7/AMR/2019 in CP(IB) No. 47/7/HDB/2018 filed by the Financial Creditor viz. Canara Bank against the Corporate Debtor thereby initiating CIRP of the Corporate Debtor on account of default of around INR 490 Crores committed by the Corporate Debtor in repaying the working capital facility granted by the Financial Creditor to the Corporate Debtor and he was appointed as an Interim Resolution Professional of the Corporate Debtor to carry out functions of the Corporate Debtor as prescribed under the Code and he took over the management and business affairs of the Corporate Debtor and started carrying out functions in accordance with the Code and the Insolvency and Bankruptcy Board of India (Insolvency Resolution Proc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... state of Madhya Pradesh and for the said purpose the Corporate Debtor had stored several assets including of high-end machineries in the warehouse located at Neempani, Betul ( Warehouse ). The said warehouse is situated on the land leased by the Corporate Debtor from Mr. Gulab Singh Rajput, Ms. Kesar Bai Yadav and Ms. Pulva Bai ( Owner ). Pursuant to the commencement of CIRP against the Corporate Debtor, the said machineries are still lying at the said Warehouse. vi. That the Applicant states that he pursuant to the Order dated 18.09.2019, commenced his duties as the liquidator of the Corporate Debtor and attempted to auction the assets of the Corporate Debtor, however the Owner has been creating disturbance and are not allowing him to ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
