When the IRP is duty bound to take custody and control of the assets belonging to the Corporate Debtor, an application u/s 60(5)(c) is clearly maintainable and the Adjudicating Authority had ample jurisdiction to issue necessary direction – Pradeep Kumar Kabra, RP of M/s. Cengres Tiles Ltd. Vs. Assistant Commissioner, CGST & Central Excise – NCLAT New Delhi
