Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
IBC - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Costs of the interim resolution professional - who shall bear ...

Insolvency and Bankruptcy

September 10, 2019

Costs of the interim resolution professional - who shall bear the costs? - no Committee of Creditors was ever appointed - whatever the Adjudicating Authority fixes as expenses will be borne by the creditor who moved the application - SC

View Source

 


 

You may also like:

  1. Filing of forms in the Registry (MCA-21) by the Insolvency Professional (Interim Resolution Professional (IRP) or Resolution Professional (RP) or Liquidator) appointed...

  2. Filing of forms in the Registry (MCA-21) by the Insolvency Professional (Interim Resolution Professional (IRP) or Resolution Professional (RP) or Liquidator) appointed...

  3. Inability on the part of Liquidator to take up the assignment - corporate insolvency resolution process (CIRP) - Interim Resolution Professional (IRP) - Penalty equal to...

  4. Resolution Process - exclusion of 35 days of delay in appointing the ‘Resolution Professional’ in place of the ‘Interim Resolution Professional’ and the period during...

  5. Appointment of the same resolution professional - it is submitted that, the resolution professional is appointed by the creditor and no person can be a judge in on own...

  6. Valuation under the IBC, 2016 - no insolvency professional shall appoint a person other than a registered valuer to conduct any valuation under the Code or any of the...

  7. An independent director re-appointed for second term shall be removed by the company only by passing a special resolution and after giving him a reasonable opportunity...

  8. Withdrawal from CIRP on the ground that the Applicant is in the process of re-structuring the debt of the Corporate Debtor - As a matter of fact, in this case no...

  9. Committee of Creditors liability to bear the expenses incurred by the Insolvency Resolution Professional - the applicant, who has filed the application under Section 7...

  10. CIRP - Calculation of the interest - admission of the claim by the Resolution Professional - The Adjudicating Authority directed to examine the exorbitantly high...

 

Quick Updates:Latest Updates