2020 (2) TMI 1534

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..... due to the non-availability of records and non-cooperation from the promoters of the Corporate Debtor. The CoC is of the opinion that the Corporate Debtor can be led to a successful resolution. It is therefore imperative that the period of CIRP is extended. The period of CIRP is extended by 60 days with effect from 07.03.2020. The Applicant and the CoC are directed to take all possible steps un .....

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..... the Applicant as the Resolution Professional. The Applicant issued public announcements in one English and one vernacular newspapers on 14.09.2019 stipulating the last date of receipt of claims as 26.09.2019. He visited the lease premises of the Corporate Debtor on 16.09.2019 to take control of its affairs and assets. On enquiry he learnt that there was no specific registered office nor the Corpo .....

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..... . The CoC constituting one Financial Creditor (100 % voting share) accordingly in its 3 meeting on 03.02.2020 asked the Applicant to publish Expression of Interest (EoI) and authorised him to seek extension of the CIRP. Hence this Application. 3. It is apparent from the materials available on record that the Applicant could not perform his duties properly due to the non-availability of records .....

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