A resolution professional has filed a case against an Insolvency and Bankruptcy Board of India (IBBI) order in the National Company Law Tribunal (NCLT), marking a first, said people aware of the matter. Mukesh Mohan, the resolution professional for bankrupt car service company Carnation Auto India, challenged the IBBI for asking him to seek expressions of interest (EoIs) afresh after objecting to a clause in the initial EoI.
All the lenders on the committee of creditors (CoC) have backed the resolution professional, signaling a rift between them and IBBI in this instance.
Mohan had specified that applicants needed to support their affidavits with a certificate from a chartered accountant. IBBI objected to this and said this v…
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