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2018 (8) TMI 1036 - AT - Insolvency and BankruptcyCorporate Insolvency Resolution Process - Order of Moratorium passed without giving opportunity of hearing to the Corporate Debtor - Held that:- we have no other option but to set aside the impugned order dated 18th May, 2018, However, taking into consideration the fact that the parties are ready to settle the dispute, the case is not remanded to the Adjudicating Authority. - As agreed by the parties, the Respondent will now pay a sum of ₹ 1.5 lakhs (Rupees One lakh five thousand only) to the ‘Interim Resolution Professional’, for the period he has functioned and towards the resolution cost. The appeal is allowed with aforesaid observation.
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