NATIONAL COMPANY LAW TRIBUNAL
Sh. Hariharan Neelakanta Iyer, Member (Technical), Ms. Lakshmi Gurung, Member (Judicial)
Smaaash Entertainment Private Limited – Appellant
Versus
Shripal Sevantilal Morakhia – Respondent
Per: Ms. Lakshmi Gurung, Member (Judicial
1. The instant interlocutory application was filed by Mr. Bhrugesh Amin, Resolution Professional (RP) of Smaaash Entertainment Private Limited (Corporate Debtor) under Sections 19 (1) and 19(2) of the Insolvency & Bankruptcy Code, 2016 (IBC) against suspended directors and others seeking direction to the Respondents to extend all assistance and co- operation from them. The prayers sought in the application are extracted below:
a. Direct the Respondents to extend all assistance and cooperation to the Applicant as may be required by him in managing the affairs of the Corporate Debtor;
b. Direct the Respondents to comply with the instructions of the Applicant during CIRP;
c. Direct that the Respondents shall be responsible and liable for consequences (monetary or otherwise) of non-compliance of applicable law during CIRP arising out of reasons solely attributable to them;
d. Direct the Respondents provide all pending information/documentation/ records/ correspondence prescribed in Annexure – “15” and any further information within specific timelines as may be required by the Applicant for conduct of CIRP;
e. Pass such other further order or orders
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