Insolvency Professionals are not public servants under Prevention of Corruption Act: Delhi High Court
The Court rejected the CBI's argument that the duties of insolvency resolution professionals under the IBC should be read as “Public Duties."
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The Court rejected the CBI's argument that the duties of insolvency resolution professionals under the IBC should be read as “Public Duties."
Dr Balwinder Kumar Sharma, then a Registrar at the High Court, was suspended by Punjab and Haryana High Court after he was accused of leaking a question paper in the Haryana judicial services preliminary examination.
The former CEO of NSE has said that the definitions were too wide and that the Act's provisions have been invoked against her even though she was employed in a private company.
The Court was hearing Naidu's plea to quash the first information report (FIR) registered against him in the Andhra Pradesh skill development scam.
The Court said the judicial orders are open to scrutiny by higher courts and just because some orders go against a particular side, transfer of case cannot be sought.