Home Case Index All Cases Insolvency and Bankruptcy Insolvency and Bankruptcy + AT Insolvency and Bankruptcy - 2020 (10) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2020 (10) TMI 1273 - AT - Insolvency and BankruptcySeeking direction to Adjudicating Authority to decide the fee and cost of the ‘Corporate Insolvency Resolution Process’ as incurred by the ‘Resolution Professional’ - HELD THAT:- The learned Adjudicating Authority has dismissed the application in regard to further costs claimed by the Appellant – Registered Valuer on the ground that such application is not maintainable and lacks merit. It has been observed in the impugned order that ₹ 50,000/- was paid to each of the Valuers which included the Appellant/ Applicant - Therefore, notwithstanding the fact that the observation as regards jurisdiction of Adjudicating Authority is unsupportable, the impugned order cannot be interfered with as the application before the Adjudicating Authority lacks merit. Appeal dismissed.
|