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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