https://www.taxtmi.com/caselaws?id=304037 The National Company Law Tribunal, New Delhi, addressed issues surrounding the appointment of an Interim Resolution Professional (IRP) without proper intimation, leading to a lack of communication and the inability to commence the Corporate Insolvency Resolution Process (CIRP). The IRP requested to set aside an order and recall an enquiry by the Insolvency and Bankruptcy Board of India (IBBI) due to lack of intimation and involvement in the proceedings. The Tribunal emphasized the importance of proper communication in insolvency proceedings, halting any ongoing enquiry by IBBI until further orders to ensure fair proceedings and adherence to due process. en-us Thu, 29 Jul 2021 00:00:00 +0530 Sat, 03 Sep 2022 07:04:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304037 The National Company Law Tribunal, New Delhi, addressed issues surrounding the appointment of an Interim Resolution Professional (IRP) without proper intimation, leading to a lack of communication and the inability to commence the Corporate Insolvency Resolution Process (CIRP). The IRP requested to set aside an order and recall an enquiry by the Insolvency and Bankruptcy Board of India (IBBI) due to lack of intimation and involvement in the proceedings. The Tribunal emphasized the importance of proper communication in insolvency proceedings, halting any ongoing enquiry by IBBI until further orders to ensure fair proceedings and adherence to due process. Case-Laws Insolvency and Bankruptcy Thu, 29 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304037