Resolution Professional cannot be Hauled up in Criminal Case against Company: Kerala HC [Read Order]

The court held that the RP cannot be hauled up in a criminal case, that too in a representative capacity as representing the company
Kerala HC - Criminal Case against Company - Resolution Professional - Corporate Insolvency Resolution Process- taxscan

The Kerala High Court stated that a Resolution Professional appointed under the Insolvency and Bankruptcy (IB) Code for carrying the Corporate Insolvency Resolution Process (CRIP) of the Company cannot be hauled up in a criminal case against the Company. M/S Kerala Chamber Of Commerce And Industry, the first petitioner (Company) and the second petitioner (Resolution…

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