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TMI Blog2019 (10) TMI 1493X X X X Extracts X X X X X X X X Extracts X X X X ..... de necessary assistance/cooperation in smooth conduct of Corporate Insolvency Resolution Process - HELD THAT:- The respondent Nos. 1 to 5 are misconducting themselves in the course of Corporate Insolvency Resolution Process by not extending their cooperation and assistance to the Resolution Professional and are withholding and not disclosing the information supposed to be furnished by them and no ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Advocate, O.P. Khurana, Ex-Director, Ranjan Sharma, Ex-Director and Shailesh Chawla, Ex-Director ORDER Ajay Kumar Vatsavayi, Member (J) 1. The instant application has been filed by the Resolution Professional of the Mahabir Techno Ltd., against respondent Nos. 1 to 5 seeking the following reliefs:- It is therefore respectfully prayed that the members suspended Board of Directors ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... furnishing the books and documents belonging to the corporate debtor, which were supposed to be maintained by them at the relevant point of time. 3. The Hon'ble NCLAT, in Ajay Kumar vs. Shree Sai Industries Pvt. Ltd. - C.A. (AT)(Insolvency) No. 616 of 2019, dated 11.07.2019, held as under:- It is needless to say that if the promoters do not co-operate and handover the necessary documen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5. The respondents are even violated these directions also and thereby liable to be proceeded under the Contempt of Courts Act. 6. However, to give a last opportunity to the respondents, we direct the Resolution Professional to issue a fresh notice immediately to respondent Nos. 1 to 5 specifically indicating what information/books/assets are still to be furnished by the respondents and the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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