Resolution Professional us/s 60(5) r/w 14 seeking release of ...

Resolution Professional Cannot Request Release of Goods u/ss 60(5) and 14 During CIRP as Debtor is Not Consignee.

April 13, 2020

Case Laws Insolvency and Bankruptcy Tri

Resolution Professional us/s 60(5) r/w 14 seeking release of goods - CIRP already initiated - the Corporate Debtor not being the consignee nor the importer of the goods it has ownership rights, it has to be construed that it has acted as an agent on behalf of the importer, therefore, this Applicant has no right to ask for release of the consignment. - Tri

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Resolution Professional us/s 60(5) r/w 14 seeking release of ...

Resolution Professional Cannot Request Release of Goods u/ss 60(5) and 14 During CIRP as Debtor is Not Consignee.

April 13, 2020

Case Laws Insolvency and Bankruptcy Tri

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