https://www.taxtmi.com/caselaws?id=412337 The Tribunal allowed the applications under Section 19 of the Insolvency and Bankruptcy Code, directing the suspended Directors and managerial persons to cooperate fully with the Resolution Professional. Failure to provide information or cooperate could lead to liability under Section 70 of the Code. The Resolution Professional was instructed to take possession of all relevant records to facilitate the Corporate Insolvency Resolution Process efficiently. The judgment emphasized timely cooperation and information provision to ensure the completion of the process within the required time frame, highlighting the importance of compliance with the Tribunal's directions for successful resolution. en-us Wed, 11 Aug 2021 00:00:00 +0530 Thu, 16 Sep 2021 09:04:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412337 The Tribunal allowed the applications under Section 19 of the Insolvency and Bankruptcy Code, directing the suspended Directors and managerial persons to cooperate fully with the Resolution Professional. Failure to provide information or cooperate could lead to liability under Section 70 of the Code. The Resolution Professional was instructed to take possession of all relevant records to facilitate the Corporate Insolvency Resolution Process efficiently. The judgment emphasized timely cooperation and information provision to ensure the completion of the process within the required time frame, highlighting the importance of compliance with the Tribunal's directions for successful resolution. Case-Laws Insolvency and Bankruptcy Wed, 11 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412337