Corporate debtors cannot seek production of original corporate guarantee deed

Ind Barath Power Infra Ltd Vs India Infrastructure Finance Co. Ltd (NCLT Hyderabad)

NCLT Hyderabad held that dismissed the application of corporate debtors as provisions of rule 43 of the NCLT Rules empowers the Adjudicating Authority, and not to the corporate debtors, to seek production of documents.

Facts- The applicant-Corporate Debtor preferred the present appeal for seeking direction to Financial Creditor to produce, for verification of Hon’ble Tribunal, original copy of the Corporate Guarantee dated 20.05.2015 stated to have been executed and tendered/ submitted/ furnished to the Financial Creditors.

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