Prima facie no negligence by IRP Sunil Kumar Agarwal under IBC: Gujarat HC

Sunilkumar Agarwal Vs IBBI (Gujarat High Court) HC held that Prima facie, having read the provisions of Sec.12 (2) of the I.B.C and the contents of the order under challenge which extensively quoted the observations of the adjudicating authority, it is evident that there cannot be any negligence attributed to the petitioner who was to follow the provisions of Sub-sec.2 of Sec.12 of I.B.C. FULL TEXT OF THE JUDGMENT/ORDER OF GUJARAT HIGH COURT 1 Heard Mr.Percy Kavina, learned Senior Counsel with Mr.Vishal Dave, learned advocate with Mr.Nipun Singhvi, learned counsel for the petitioner. 2 Challen...