The Committee of Creditors filed an appeal against the order of the Adjudicating Authority (National Company Law Tribunal), Kolkata Bench, which directed the Committee of Creditors to pay the fee of the Resolution Professional at Rupees One Lakh per month. The meeting of the Committee of Creditors held on May 18, 2019, discussed the determination of the fee of the Interim Resolution Professional. The Interim Resolution Professional proposed her fees to be Rs. 1,00,000 per month. The Corporate Debtor, with the consent of the Operational Creditor, had decided to bear the IRP fees. The court noted that Section 14 of the I&B Code provides for recovery, and no amount can be taken from the Corporate Debtor.

The Committee of Creditors filed an appeal against the order of the Adjudicating Authority (National Company Law Tribunal), Kolkata Bench, which directed the Committee of Creditors to pay the fee of the Resolution Professional at Rupees One Lakh per month. The meeting of the Committee of Creditors held on May 18, 2019, discussed the determination of the fee of the Interim Resolution Professional. The Interim Resolution Professional proposed her fees to be Rs. 1,00,000 per month. The Corporate Debtor, with the consent of the Operational Creditor, had decided to bear the IRP fees. The court noted that Section 14 of the I&B Code provides for recovery, and no amount can be taken from the Corporate Debtor.