https://www.taxtmi.com/caselaws?id=383787 The Tribunal allowed the Motion Application, directing the District Collector to investigate theft incidents, assist the Resolution Professional, and ensure prompt police action on FIRs related to stolen assets of the Corporate Debtor. Emphasizing State Machinery's duty to protect assets and take action against offenders, the Tribunal invoked its authority under Section 429 of the Companies Act, 2013 and regulation 30 of CIRP Regulations, 2016 to support the Resolution Professional in safeguarding the Corporate Debtor's interests. en-us Wed, 22 May 2019 00:00:00 +0530 Tue, 30 Jul 2019 16:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383787 The Tribunal allowed the Motion Application, directing the District Collector to investigate theft incidents, assist the Resolution Professional, and ensure prompt police action on FIRs related to stolen assets of the Corporate Debtor. Emphasizing State Machinery's duty to protect assets and take action against offenders, the Tribunal invoked its authority under Section 429 of the Companies Act, 2013 and regulation 30 of CIRP Regulations, 2016 to support the Resolution Professional in safeguarding the Corporate Debtor's interests. Case-Laws Insolvency and Bankruptcy Wed, 22 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383787