CBI Arrests Interim Resolution Professional For Demanding A Bribe Of 20 Lakhs
Akshay Sharma
6 May 2022 12:45 PM IST
Central Bureau of Investigation (CBI) arrested insolvency professional Mr. Subrata Monindranath Maity (IRP) for demanding a bribe of INR 20 lakhs from the promoter of Guardian Home Pvt. Ltd. for settlement of Corporate Insolvency Resolution Process (CIRP) of Guardian Homes. Brief Background NCLT Mumbai vide its order dated 03.01.2020 dismissed the Section 9 petition against...
Central Bureau of Investigation (CBI) arrested insolvency professional Mr. Subrata Monindranath Maity (IRP) for demanding a bribe of INR 20 lakhs from the promoter of Guardian Home Pvt. Ltd. for settlement of Corporate Insolvency Resolution Process (CIRP) of Guardian Homes.
Brief Background
NCLT Mumbai vide its order dated 03.01.2020 dismissed the Section 9 petition against Guardian Homes but the same was set aside by NCLAT vide its orderdated 08.12.2020. Thereafter, NCLT Mumbai vide its order dated 14.03.2022 initiated CIRP against Guardian Homes and appointed Subrata Maity as the Interim Resolution Professional.
Subsequently, the dispute was settled between the Operational Creditor and Guardian Homes and an amount of INR 3 crores was paid to Operational Creditor by Guardian Homes.
Complaint To CBI
It is alleged in the complaint dated 03.05.2022 filed before CBI, ACB Pune that after the settlement, IRP approached Guardian homes and demanded an additional amount of INR 20 lakhs in addition to his fees of INR 4 lakhs and in case of non-payment of the same, IRP will take coercive actions against the Guardian Homes such as seizure of bank account, publication of notice of liquidation.
As per the press release of CBI, after receiving the complaint, CBI laid a trap and caught a third person who collected initial payment of INR 2 lakhs on behalf of IRP and later on, IRP was also arrested by CBI.
