TMI Blog2021 (3) TMI 1292X X X X Extracts X X X X X X X X Extracts X X X X ..... directed to disburse the amount of ₹ 2 Lakhs deposited by the Operational Creditor in the ESCROW account on 15/02/2021. This expenditure shall be subject to approval by CoC. Application disposed off. - C.P. (IB)/993(KB)2018, IA/257(KB)2021, IA/8(KB)2021 - - - Dated:- 22-3-2021 - HON'BLE MEMBER(J), SHRI RAJASEKHAR V.K. AND HON'BLE MEMBER(T), SHRI HARISH CHANDER SURI For t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . IRP had incurred certain expenses during the CIRP process, i.e., for public announcement and other allied expenses amounting to ₹ 52,730/- which were duly approved by the CoC. The CoC has also approved the remuneration of IRP of ₹ 50,000/- per month. Therefore, an amount of ₹ 2,03,796.00 in total has been due and payable, which includes two months remuneration (from 10/12/2020 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ; 2 Lakhs deposited by the Operational Creditor in the ESCROW account on 15/02/2021. This expenditure shall be subject to approval by CoC. (e) IA/257(KB)2021 is disposed of accordingly. 3. IA/8(KB)2021 (a) This is an application filed by the IRP against the suspended members of the Board of Directors of the Corporate Debtor for giving access to the books of account. (b) Ld. Counsel a ..... X X X X Extracts X X X X X X X X Extracts X X X X
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