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Suspended Director Cannot Seek RP’s Removal After CoC Approves Resolution Plan: NCLT Delhi
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AdvertisementIndian Bank Vs Nimitiya Hotel And Resorts Limited (NCLT Delhi) The National Company Law Tribunal (NCLT) dealt with multiple interlocutory applications arising in the corporate insolvency resolution process (CIRP) of Nimitaya Hotel & Resorts Ltd.
In New IA/2334/2026, the Resolution Professional (RP) sought to place on record a copy of W.P.
5932/2026 filed by the suspended director, Mr. Sanjeev Mahajan, along with the Delhi High Court order dated 30.04.2026 stating that the Court was not inclined to grant any interim relief without hearing the respondent.
The documents were taken on r...