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2019 (10) TMI 594 - Tri - Insolvency and BankruptcyDirection to the Ex-Director/Promoter not to leave the country without permission of this Tribunal and to impound their passports - HELD THAT:- The non-applicant-respondent Nos. 1 to 3 would be required by the law enforcing agencies and there are substantial allegations which cannot be brushed aside merely on the ground that the non-applicants have co-operated with the Resolution Professional or other investigating agency so far or on the ground that the non-applicants have roots in society which would prevent them to flee this country. Therefore, the direction issued on 23.04.2019 that non-applicants-respondent Mr. Athar Zia, Mrs. Sheeza Zia & Mr. Mohammad Zulfiqar Ullah Siddiqui are not to leave the country without prior permission of this Tribunal is made absolute - Accordingly, it is directed the aforesaid persons are not to leave the country without prior permission of this Tribunal. Impounding of passport - HELD THAT:- The Resolution Professional - applicant is granted liberty to move an appropriate application, if so advised, to the passport authorities under Section 10 or Section 10A of the Passport Act, 1967 for impounding of the passport of the non-applicant-respondent Nos. 1 to 3. The rejection of the prayer in that regard shall not be construed any bar on the right of the Resolution Professional-applicant to move the passport authorities. Application disposed off.
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