RP running Corporate Debtor’s Business, is Best Person to Decide what Part of Business to be Carried Out: NCLAT [Read Order]

RP running Corporate Debtor's business, is best person to decide what part of business to be carried out, rules NCLAT
NCLAT - NCLAT Delhi - Resolution Professional - Corporate Debtor - taxscan

The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) ruled that the Resolution Professional (RP) running Corporate Debtor’s business, is the best person to decide what part of the business is to be carried out. The Appellant claims to be allottee of commercial space by Indirapuram Habitat Centre Pvt. Ltd./…

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