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The NCLAT Chennai closed suo motu contempt proceedings against IRP Anil Kumar Khicha after accepting his unconditional apology, as the Bench led by Justice Sharad Kumar Sharma held his conduct unacceptable but allowed closure with future caution assurance.
CHENNAI: Weeks after noting that the resolution professional community was “untouched by contempt” and needed to be “taught a lesson,” the National Company Law Appellate Tribunal (NCLAT) in Chennai has closed suo motu contempt proceedings against interim resolution professional (IRP) Anil Kumar Khicha, following his unconditional apology.
A Bench consisting of judicial member,…