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Bankruptcy court admits insolvency proceedings against Tops Security SECTIONS Share Synopsis The Mumbai bench of the National Company Law Tribunal (NCLT) has also appointed chartered accountant Rajendra Karanmal Bhuta as interim resolution professional (IRP) to oversee the company’s day-to-day affairs and revival plans. The Enforcement Directorate (ED) is currently investigating an alleged money laundering scam of about Rs 175 crore against Topsgrup Services promoter Rahul Nanda and some others. The dedicated bankruptcy court has admitted insolvency proceedings against security services provider Topsgrup Services and Solutions, popularly known as Tops Security. The Mumbai bench of the National Company Law Tribunal (NCLT) has also appointed chartered accountant Rajendra Karanmal Bhuta as interim resolution professional (IRP) to oversee the company’s day-to-day affairs and revival plans. ....