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IBC - Highlights / Catch Notes

Home Highlights July 2023 Year 2023 This

Grant of Performance linked Incentive Fee to Resolution ...

Insolvency and Bankruptcy

July 20, 2023

Grant of Performance linked Incentive Fee to Resolution Professional - RP was able to maximize the value of Corporate Debtor - Appellant had no right to claim performance linked incentive fee and his claim having been considered and rejected by the Committee of Creditors with 91.55% vote share cannot be faulted nor it can be interfered with by the Adjudicating Authority or Appellate Authority in exercise of its jurisdiction - AT

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