TMI Blog2021 (7) TMI 489X X X X Extracts X X X X X X X X Extracts X X X X ..... acing some issues with regard to her health and family concerns - Also, no fees had been paid to the Applicant so far since 06.09.2019 as the fees has to be paid from the sale proceeds of the assets as per the slabs fixed by IBBI and till date not a single asset has been sold or auctioned by the Applicant. From the panel of resolution professionals approved for NCLT, Jaipur Bench for appointmen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e divided between Ms. Sarita Duck for the duties carried out by her and the Liquidator appointed herein in the ratio of 3:7. Application allowed. - IA No. 407/JPR/2020 in IB No. 726/ND/2018 and TA No. 70/2018 - - - Dated:- 17-6-2021 - Ajay Kumar Vatsavayi, Member (J) And Raghu Nayyar, Member (T) For Applicants: Amol Vyas, Advocate ORDER Raghu Nayyar, Member (T) 1. The insta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Debtor was admitted by this Adjudicating Authority vide order dated 02.11.2018 and the Applicant herein was appointed as IRP. Later the Applicant was chosen to act as RP by the CoC in the meeting dated 05.12.2018. Further this Adjudicating Authority vide its liquidation order dated 06.09.2019 appointed the Applicant to act as liquidator for the Corporate Debtor. 3. It is submitted that the Ap ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eeds of the assets as per the slabs fixed by IBBI and till date not a single asset has been sold or auctioned by the Applicant. 5. In view of the above the Application is considered. From the panel of resolution professionals approved for NCLT, Jaipur Bench for appointment as IRP or Liquidator, we select Mr. Sourab Malpani with Registration No. IBBI/IPA-001/IP-P01265/2018-2019/12047 (email id: ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the aforesaid records and the assets and perform his duties as required under the Code and the relevant Rules and Regulations thereunder. 8. In the given facts and circumstances, the Liquidation fees payable as per the provisions of the Code shall be divided between Ms. Sarita Duck for the duties carried out by her and the Liquidator appointed herein in the ratio of 3:7. 9. Copy of this o ..... X X X X Extracts X X X X X X X X Extracts X X X X
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