https://www.taxtmi.com/caselaws?id=299283 The Tribunal partly allowed the Interlocutory Application, directing the Suspended Board of Directors to cooperate with the Resolution Professional in completing the Corporate Insolvency Resolution process. Failure to comply may lead to informing the Ministry of Corporate Affairs for action against the Directors. The property, identified as a Corporate Debtor asset, was to be promptly handed over to the Resolution Professional, who could seek assistance from local authorities if needed. en-us Thu, 07 Jan 2021 00:00:00 +0530 Wed, 08 Dec 2021 19:50:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299283 The Tribunal partly allowed the Interlocutory Application, directing the Suspended Board of Directors to cooperate with the Resolution Professional in completing the Corporate Insolvency Resolution process. Failure to comply may lead to informing the Ministry of Corporate Affairs for action against the Directors. The property, identified as a Corporate Debtor asset, was to be promptly handed over to the Resolution Professional, who could seek assistance from local authorities if needed. Case-Laws Insolvency and Bankruptcy Thu, 07 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299283