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2022 (8) TMI 714 - Tri - Insolvency and BankruptcySeeking directions to Respondents No.1 and 2 to provide the accounting data record of the Corporate Debtor in soft data and physical record from 01.04.2014 till 31.03.2017 - Section 19(2) of the Insolvency and Bankruptcy Code, 2016 - HELD THAT:- Even if the contention of the respondents that the accounting data has been corrupted is accepted, the hard copies of the same must be with the suspended management of the Corporate Debtor as it is required to be maintained for audit purposed. As per Section 19(1) of the Code, the suspended management is under obligation to extend all assistance and cooperation to the RP as required in managing the affairs of the company. Mr. Rajnishpal Singh Dhaliwal - respondent No.1 and Mr. Shivrajpal Singh Dhaliwal - respondent No.2, Suspended Directors of erstwhile Management of Corporate Debtor are directed to handover accounting data record of the Corporate Debtor in soft data and physical record from 01.04.2014 till 31.03.2017 to the RP and provide assistance as required by the RP within fifteen days from the date of this order, failing which the RP is at liberty to approach local police on the basis of this order and local police to render all necessary assistance to RP. Application allowed.
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