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

2025 Supreme(Online)(NCLT) 8195

NATIONAL COMPANY LAW TRIBUNAL
Sh. Prabhat Kumar, Hon’ble Member (Judicial), Sh. Sushil Mahadeorao Kochey, Hon’ble Member (Technical)
Ms. Vandana Garg – Appellant
Versus
Rajesh Patel – Respondent


Advocates:
For the Applicant: Counsel Rajeev Kumar Panday a/w Adv. Siddhiv Prakash
For the Respondents 1 and 2: Adv. Rohit Gupta a/w Adv. Kunal Kanungo a/w Adv. Tanushree Sogani & Adv. Atishay Jain

ORDER

1. This Application IA 4048/2024 was filed on 23.07.2024 by Ms. Vandana Garg (Applicant), the Resolution Professional of Vilsons Roofing Product Private Limited under Section 19 (2) and Section 14 read with Section 74 of the Insolvency and Bankruptcy Code, 2016 (“Code”), seeking following reliefs:-

a) That this Hon'ble Tribunal be pleased to direct the Respondents to co-operate with the Applicant in accordance with section 19 of the Code;

b) That this Hon'ble Tribunal be pleased to pass an Order directing the Respondents to disclose and handover all the physical and fixed assets of the Corporate Debtor;

c) That this Hon'ble Tribunal be pleased to pass an order directing the Respondents to make good the amount of Rs.1,29,94,165/-(Rupees One Crore Twenty Nine Lakhs Ninety Four Thousand One Hundred and Sixty Five only) to the Corporate Debtor that has been withdrawn illegally and without any authority by the Respondents from the bank accounts of the Corporate Debtor;

d) That this Hon'ble Tribunal be pleased to pass an order directing the Insolvency and Bankruptcy Board of India to initiate action against the Respondents under section 74 (1) of the Insolvency and Bankruptcy Code, 2

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