SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
judgment-img

2025 Supreme(Online)(NCLT) 532

NATIONAL COMPANY LAW TRIBUNAL
Dr. Venkata Ramakrishna Badarinath, Sh. Charan Singh, JJ
Manjeet Bucha – Appellant
Versus
Ramanujula NandaKumar Ramnath – Respondent


Advocates:
For the Petitioner:Manjeet Bucha
For the Respondent:TANGIRALA LALITHA DEVI

ORDER

1. This Application is filed by the Resolution Professional of Trident Sugars Limited (Corporate Debtor) under Section 19(2) of IBC, 2016, seeking directions to Respondents 1-4 to provide co-operation to the Applicant in discharging her duties as Resolution Professional.

2. The averments in the application in brief is that upon admission of the Company Petition under Section 7 of IBC, vide order passed in CP(IB) No. 259/7/HDB/2023 dated 09.07.2024, the Corporate Debtor i.e. Trident Sugars Limited was put under CIRP and the Applicant herein was appointed as Interim Resolution Professional and subsequently confirmed as Resolution Professional.

3. Pursuant to his taking over charge, the Resolution Professional caused public announcement on 13.07.2024. Further intimation about commencement of CIRP was sent to the suspended Board of Director(s) vide email dated 15.07.2024 and sought their assistance and co- operation to undertake the process. However, it is averred that except basic data as indicated in the table, the information / documents are not provided to the Applicant.

4. It is stated that despite issuing reminders on 26.07.2024 and 03.08.2024, by the Resolution Professional, t

Click Here to Read the rest of this document
1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top