2017 (9) TMI 1616

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....vocate for the  petitioner Mr. Alankar Narula, Advocate for the respondent ORDER This petition was filed in the Hon'ble High Court under Section 433(e) and 434 of the Companies Act, 1956 and on transfer in terms of Companies (Transfer of Pending Proceedings) Rules, 2016, the same was proceeded by this Tribunal as petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 and a....

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.... suspended and the management of the affairs shall vest with the Interim Resolution Professional and the officers and the managers of the 'Corporate Debtor' shall report to the Interim Resolution Professional, who shall be enjoined to exercise all the powers as are vested with Interim Resolution Professional and strictly perform all the duties as are enjoined on the Interim Resolution Professional....

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....f Creditors at the earliest but not later than three weeks from the date of this order. It is hereby directed that the 'Corporate Debtor', its properties, personnel and the persons associated with the management shall extend all cooperation to the Interim Resolution Professional in managing the affairs of the 'Corporate Debtor' as a going concern and extend all co-operation in accessing books and ....