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Home Highlights March 2023 Year 2023 This

Quantum of fees and other expenses payable to the Resolution ...


Resolution Professional's Fees Deemed Excessive Post-Liquidation Order; Evidence Supports Disproportionate Claims.

March 2, 2023

Case Laws     Insolvency and Bankruptcy     AT

Quantum of fees and other expenses payable to the Resolution Professional - The fees/expenses claimed by the Resolution Professional for the period following the passing of the liquidation order is exorbitant and not commensurate with the work performed by him as is clearly borne out from material on record. - AT

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