TMI Blog2021 (7) TMI 180X X X X Extracts X X X X X X X X Extracts X X X X ..... assistance to the Applicant and/or person(s) working under the Applicant in order to commence the process of auction and also the process of delivery of the Assets to the respective buyer; ii. To direct the Respondent No. 2 to provide necessary support and assistance to the Applicant and/or person(s) working under the Applicant to commence the process of auction and also the process of delivery of the Assets to the respective buyer; 2. The brief facts of the case: i. That the Applicant states that M/s. Transstroy (India) Limited viz. the Corporate Debtor is a Company incorporated under the Companies Act, 1956 in the Financial Year 2001-02 and was mainly involved in the business of construction and development of the infrastructure pro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ings of the Corporate Debtor, pursuant to the same he filed IA No. 607 of 2019 under Section 33(2) of the Code for seeking order for initiation of liquidation proceedings of the Corporate Debtor which was allowed by this Hon'ble Tribunal vide its order dated 18th September 2019 and he was appointed as the Liquidator of the Corporate Debtor and was directed to carry out the functions and duties as vested to the liquidator under the Code. iv. That the Applicant further states that he filed IA No. 135 of 2020 for seeking further extension of Liquidation Period by one year with effect from 18th September 2020 inter alia on account of exclusion of 160 days (from 25th March 2020 to 31st August 2020) from computation of liquidation period an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ng obstruction, he addressed an email dated 11th March 2021 to Superintendent of Police and the in-charge of the Respondent No 1, additional Superintendent of Police and District Magistrate of Betul stating that the local vendors may create disturbance on site at the time of delivery of the assets and therefore requested for assistance to ensure smooth flow of sale process and delivery of the assets. viii. Further the Applicant states that, he has not received any reply nor assistance from the local Authorities and he is still not able to commence the process of auction of the Assets. 3. Heard. In view of the facts and circumstances as mentioned in the Application, Respondent Nos. 1 & 2 shall provide police protection to the Applicant im ..... X X X X Extracts X X X X X X X X Extracts X X X X
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