Page 486 - IBC Orders us 7-CA Mukesh Mohan
P. 486

Order Passed under Sec 7
               By Hon’ble NCLT Chennai Bench
                   4.  As seen that, after passing the Order by the adjudicating authority, the Corporate Debtor has been

                       making efforts to stall the resolution process commenced on 13.06.2017 and did not provide the
                       relevant record to the IRP for performance of his duties. There is non-cooperation and creation of
                       legal hurdles by the Corporate Debtor. Therefore, the IRP was not in a position to complete his

                       assignment within the time prescribed. In view of the above, the time period which is stated to
                       have expired on 12.07.2017 is extended till RP is appointed. Therefore, all the actions taken by

                       the IRP after 12.07.2017 are regularized.
                   5.  The  IRP  is  directed  to  immediately  file  the  report  before  this  Bench  in  relation  to  the
                       recommendations of the Committee of Creditors (CoC) proposing the name of a RP. The IRP

                       shall perform the functions as per the provisions of the I&B Code, 2016, till RP is appointed. The
                       Corporate Debtor is directed to cooperate with IRP and in case there is any noncooperation on the
                       part of the Corporate Debtor hereinafter, the same shall be reported to this Bench immediately by

                       the IRP by way of an Affidavit. Accordingly, the CA 6/2017 stands disposed of.



















































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