NCLT Kolkata Orders Police Protection for RP, Corporate Debtor warned of Non-Compliance Consequences The National Company Law Tribunal, Kolkata ordered the superintendent of Police to provide Police protection to the Resolution Professional (RP) due to ...
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NCLT Kolkata Orders Police Protection for RP, Corporate Debtor warned of Non-Compliance Consequences
The National Company Law Tribunal, Kolkata ordered the superintendent of Police to provide Police protection to the Resolution Professional (RP) due to lack of cooperation from the corporate debtor and potential issues with workers' union. The corporate debtor was directed to fully cooperate, with non-compliance possibly resulting in action under section 70 of the Insolvency and Bankruptcy Code, 2016. Next hearing set for 14/02/2018.
The National Company Law Tribunal, Kolkata directed the superintendent of Police to provide Police protection to the Resolution Professional (RP) in a case where the RP sought help due to lack of cooperation from the corporate debtor and potential issues with workers' union. The corporate debtor was instructed to fully cooperate, and failure to do so could lead to action under section 70 of the Insolvency and Bankruptcy Code, 2016. Next hearing scheduled for 14/02/2018.
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