Nandini Impex CIRP Preservation Dispute with UCO Bank

Suspended director Chandra Kant Khemka petitions NCLT against CoC and RP for alleged failure to preserve Nandini Impex assets during CIRP.
Application cites non-payment of 11 months' employee wages totaling ₹48.26 lakh and unpaid rents causing asset deterioration at multiple sites.
Tribunal directs RP to secure asset access with police assistance and inspect all sites within 4 weeks, while CoC must decide on pending payments.
NCLT partially allows applications, recognizing suspended board's limited locus standi to challenge CIRP conduct under Section 60(5) of IBC.