2019 (9) TMI 1596

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..... r Appellant: Rajiv Shukla, Shivani Kapoor, Gorang Goyal, Advocates and Party-in-Person For Respondents: Syed Sarfaraz Karim, Shashwat and Nikshubha Sethi, Advocates ORDER 1. Learned counsel for the Appellant submits that the matter has been settled with the Respondent - 'Operational Creditor'. Earlier, the 'Corporate Debtor had paid the sum of Rs. 3 lakhs just before the admission o .....

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..... . 1,32,000/- approx. including the cost paid and payable to the Counsel. 5. In the circumstances, working for 42 days, we accept the fee of Mr. Anurag Nirbhaya, IRP at Rs. 1,50,000/- for the total period. Therefore, Mr. Anurag Nirbhaya will be entitled to receive a sum of Rs. 2,82,000/- which is to be paid by the Appellant/'Corporate Debtor' within three weeks failing which, it will be op .....

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..... impugned order and action taken by the 'Resolution Professional', including the advertisement published in the newspaper calling for applications all such orders and actions are declared illegal and are set aside. The application preferred by the Respondent under Section 9 of the ''I&B Code' is dismissed. The Adjudicating Authority will now close the proceeding. The 'Corpo .....

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