Power of NCLT where CIRP stayed - Validity of Direction to the ...

Insolvency and Bankruptcy

December 22, 2023

Power of NCLT where CIRP stayed - Validity of Direction to the Resolution Professional to immediately handover the management of the Corporate Debtor to the CEO/Management of the Corporate Debtor - It is for the RP to take decision in its wisdom as to how the Corporate Debtor should be allowed to continue as a going concern without taking any steps in the CIRP - The Adjudicating Authority committed error in passing the order - AT

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Power of NCLT where CIRP stayed - Validity of Direction to the ...

Insolvency and Bankruptcy

December 22, 2023

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