Cooperation with interim resolution professional governs access to information, management assistance, and compliance directions in insolvency proceedings. Persons who are or have been personnel of the corporate debtor, its promoter, persons associated with its management, or persons engaged under a contract for service must extend all assistance and cooperation to the interim resolution professional for managing the affairs of the corporate debtor and performing duties under the Code. On non-cooperation, the interim resolution professional may apply to the Adjudicating Authority for directions, and the Adjudicating Authority may order compliance and cooperation in collection of information and management of the corporate debtor. References to the interim resolution professional include the resolution professional.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Cooperation with interim resolution professional governs access to information, management assistance, and compliance directions in insolvency proceedings.
Persons who are or have been personnel of the corporate debtor, its promoter, persons associated with its management, or persons engaged under a contract for service must extend all assistance and cooperation to the interim resolution professional for managing the affairs of the corporate debtor and performing duties under the Code. On non-cooperation, the interim resolution professional may apply to the Adjudicating Authority for directions, and the Adjudicating Authority may order compliance and cooperation in collection of information and management of the corporate debtor. References to the interim resolution professional include the resolution professional.
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