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    <title>2020 (2) TMI 1540 - NATIONAL COMPANY LAW TRIBUNAL, CHANDIGARH BENCH</title>
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    <description>The Tribunal allowed the application by the Committee of Creditors and appointed Mr. Kuldip Kumar Bassi as the Resolution Professional for M/s Lakshmi Energy and Foods Limited, replacing the Interim Resolution Professional. Mr. Bassi was directed to take charge of all records and assets, fulfill his duties under the Insolvency and Bankruptcy Code, and submit progress reports every fortnight. The Tribunal disposed of the application, instructing the outgoing IRP to hand over all relevant materials promptly.</description>
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      <description>The Tribunal allowed the application by the Committee of Creditors and appointed Mr. Kuldip Kumar Bassi as the Resolution Professional for M/s Lakshmi Energy and Foods Limited, replacing the Interim Resolution Professional. Mr. Bassi was directed to take charge of all records and assets, fulfill his duties under the Insolvency and Bankruptcy Code, and submit progress reports every fortnight. The Tribunal disposed of the application, instructing the outgoing IRP to hand over all relevant materials promptly.</description>
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