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2020 (11) TMI 1033

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..... he assistance of the Commissioner of Police in which jurisdiction this company is lying to locate the vehicle by showing the order already passed by this Bench on 26.09.2019. The Commissioner of Police is hereby suggested to assist the Liquidator in taking the custody of the vehicle within fifteen days hereof - The reason is the Bank financed the vehicle could not get back - the vehicleFlying in .....

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..... and affidavit to that effect be filed and shall supply remaining documents, information that RP need along with detailed memorandum and the same shall be sent to each one of the respondents. Against this order dated 26.09.2019, R3 has filed a Review Application under Rule 11 r/w 154 of NCLT Rules, but no stay has been granted over the order dated 26.09.2019. At threshold it is pertinent to .....

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..... the actions in the debtor company because they are the founder directors of the debtor company. With regard to Porsche Car HDFC Bank talking of, it is not in the control and custody of R3, if at all anything is known about this vehicle, it must be known to R1 R2, therefore he should not be framed as person responsible to hand over it to the Liquidator. Whatever be the reasons for R3 s inabil .....

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