2017 (11) TMI 1578

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....hief Financial Officer and Kalyan Ghosh, Head - Legal and Secretarial, severally to sign, verify, appear, present, submit and to file plaints, applications, written statements, affidavits, vakalatnamas, written statement of defence etc. in case filed by or against the respondent/Corporate Debtor. It was further resolved that Devansh Jain, Rajeev Gupta and Kalyan Ghosh aforesaid are severally authorised to delegate the aforesaid powers to any other person(s) to give effect to this resolution. Mr. Jitesh Gupta has also fried the authority letter dated 10.07.2017 executed by Kalyan Ghosh, one of the authorised person, in favour of Mr. Jitesh Gupta to represent the company before the National Company Law Tribunal, Chandigarh. 2. The petition....

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.... as the case may be on a request made by the applicant before its admission. So, there is no scope of accepting the submission made on behalf of the respondent/Corporate Debtor In any case, it was observed in the order dated 05.07.2017 admitting the petition that copy of the petition along with the entire Paper Book was received by the Corporate Debtor on 30.05.2017. The petition was filed after service of demand notice. However, no caveat was filed by the respondent. The matter was listed today only for passing formal order of appointment of Interim Resolution Professional, The Interim Resolution Professional has already furnished his written communication in Form No. 2 along with the petition as already observed in the order of admission ....

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....orate Debtor' has ownership rights recorded in the balance sheet of the 'Corporate Debtor' etc. as provided in Section 18(1)(f) of 'the Code'. The Interim Resolution Professional is directed to prepare a complete list of inventory of assets of the 'Corporate Debtor'. (iv) The Interim Resolution Professional shall strictly act in accordance with the 'Code', all the rules framed thereunder by the Board or the Central Government and in accordance with the Code of Conduct governing his profession and as an Insolvency Professional with high standards of ethics and moral. (v) The Interim Resolution Professional shall endeavour to constitute the Committee of Creditors at the earliest but not later than three weeks from the date o....