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2021 (10) TMI 1032

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..... he flood which happened during the year 2015. The Respondents are directed to extend full co-operation to the Liquidator in case of any documents are being sought for in future, for completion of the Liquidation process in relation to the Corporate Debtor - application disposed off. - IA/246/IB/2020 in TCP/70/2017 - - - Dated:- 4-10-2021 - Sucharitha R., Member (J) And Anil Kumar B., Member (T) For the Appellant : N.P. Vijay Kumar, Advocate For the Respondents : Jayanthi Shah, Advocate ORDER Sucharitha R., Member (J) 1. The above application has been preferred by the Liquidator of M/s. RRP Housing Private Limited under section 35(1) of the Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as IBC, 20 .....

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..... evant books and records were still not handed over to the Liquidator. Hence Applicant filed MA/775/2019 seeking cooperation of the erstwhile directors (R1, R2 R3) and this Tribunal had directed the Respondents to furnish all the information and records to the Applicant. 5. Further, it was submitted that the Applicant filed MA/996/2019 before this Tribunal and this Tribunal vide its order dated 17.09.2019 had directed the Respondents to explore possibilities on compromise and to provide original title deeds of concealed properties. It was submitted by the Learned Counsel for the Applicant that both the directions of this Tribunal have not been complied by the Respondents and hence the Applicant has moved the present Application seeking .....

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..... uments were handed over to the Liquidator as early as 05.10.2019 and only the title deed of Maraimalai Nagar property is not submitted, which is deposited with the financiers for the hand loan availed by the Corporate Debtor. It was submitted that the documents relating to company affairs before November 2015 were immersed in the 2015 flood and the Respondent was arrested in January 2016 and the office was sealed and there was no operation thereafter. 9. The Learned Counsel for the Respondent submitted that the properties at Guduvancherry and Thiruvallur belongs to 1st and 2nd Respondents and that they have engaged Corporate Debtor for the construction and development of their projects. 10. Heard the submissions made by the Learned Co .....

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