CIR process - Non filing of FIR and action against offenders ...

Legal Bench Empowers Police to Assist Resolution Professionals in Protecting Corporate Debtor Assets During Insolvency Process.

July 31, 2019

Case Laws Insolvency and Bankruptcy Tri

CIR process - Non filing of FIR and action against offenders steeling goods, machineries and equipments, etc. of the CD - this Bench is conferred with power to direct Police/DM to provide assistance to the RP as contemplated u/s 429 of the Companies Act, 2013 r/w regulation 30 of CIRP Regulations, 2016 - State Machinery is under obligation to take action against the culprits causing loss to CD and also to protect the assets of the CD - direction issued

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CIR process - Non filing of FIR and action against offenders ...

Legal Bench Empowers Police to Assist Resolution Professionals in Protecting Corporate Debtor Assets During Insolvency Process.

July 31, 2019

Case Laws Insolvency and Bankruptcy Tri

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