In a rather uncommon development in IBC driven resolution process, the Mumbai bench of National Company Law Tribunal has directed the Police Commissioner, Ahmedabad to provide police assistance to a Resolution Professional who complained about ex-director of the corporate debtor abusing her and creating hindrance in the Corporate Insolvency Resolution Process.
A bench of Member Justice V P Singh and Member Technical Ravikumar Duraisamy asked the Police Commissioner to provide assistance to enable the Resolution Professional and her team to take control of the entire unit (office) of the corporate debtor while also directing the ex-director of the corporate debtor and all its other directors to appear in person before it on January 31 or f…
Read the full article at: https://www.livelaw.in/news-updates/nclt-directs-police-assistance-to-resolution-professional-after-corporate-debtor-hinders-cirp-142492