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2020 (12) TMI 802 - Tri - Companies LawSeeking direction to the suspended directors of Corporate Debtor to provide and make available to the Liquidator the complete set of books of accounts of the CD for the past 4 years - Seeking direction to make available to the Liquidator the complete set of books of accounts of the subsidiary Company - HELD THAT:- No serious effort has been taken by the suspended directors of CD to provide the entire documents to the Liquidator. The attempt to put blame on the designated employee and the auditor of the Company with regard to the Books of Accounts of the Company is an excuse of the Suspended Director of the Corporate Debtor not to give the documents sought by the Liquidator. On going through the application, it is seen that adequate co-operation has not been extended by the Corporate Debtor to the Liquidator in completing the liquidator process. The absence of books of accounts of the Corporate Debtor as well as their Subsidiary Company M/s. Sabkaa Payments Ltd will ultimately result into hampering of the process of liquidation. The suspended directors of the CD are bound to extend all assistance to the Liquidator in his efforts to collect the whole documents including the books of accounts of the CD as well as the subsidiary Company of CD. Application disposed off.
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