Rajiv Kumar Agarwal
In a recent CIRP case, I was appointed as the Interim Resolution Professional (IRP) following the admission of a case filed by an operational creditor against the corporate debtor by the Honorable NCLT. Upon my appointment, I visited the factory premises to take custody. During this visit, I was threatened by an officer of the corporate debtor. Despite this, I completed a comprehensive videography of the entire premises and secured the site.
Unfortunately, the promoters and employees of CD were uncooperative, and after 3-4 days, they forcibly removed our security personnel from the factory. I promptly lodged a complaint with the local police station and sent a copy to the Superintendent of Police at that location. Additionally, I documented serious irregularities observed during my time on-site, which I included in the minutes and progress report to ensure the integrity of the process.
Subsequently, I filed an application under Section 19(2) with the NCLT concerning these issues. However, the director of the corporate debtor has failed to appear, and in the interim, the Resolution Professional has been replaced by the Financial Creditor in the Committee of Creditors (CoC) meeting.
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