Grant of Performance linked Incentive Fee to Resolution ...

Resolution Professional Denied Incentive Fee; Committee of Creditors' 91.55% Vote Stands Firm, Authorities Uphold Decision.

July 20, 2023

Case Laws Insolvency and Bankruptcy AT

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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Grant of Performance linked Incentive Fee to Resolution ...

Resolution Professional Denied Incentive Fee; Committee of Creditors' 91.55% Vote Stands Firm, Authorities Uphold Decision.

July 20, 2023

Case Laws Insolvency and Bankruptcy AT

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