An appeal was filed against an order dated April 10, 2023, which admitted an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, initiating the Corporate Insolvency Resolution Process (CIRP). After the order, a settlement was reached between the Corporate Debtor and the Operational Creditor on April 15, 2023, and the Operational Creditor received the entire payment. The IRP had made a publication in pursuance of the Impugned Order. The Adjudicating Authority had directed the payment of Rs. 2 Lakhs as fee, plus expenses incurred by the IRP in publication. The appellant is Mukesh Bhardwaj and the respondent is Sarvottam Rolling Mills Ltd. & Anr.

An appeal was filed against an order dated April 10, 2023, which admitted an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, initiating the Corporate Insolvency Resolution Process (CIRP). After the order, a settlement was reached between the Corporate Debtor and the Operational Creditor on April 15, 2023, and the Operational Creditor received the entire payment. The IRP had made a publication in pursuance of the Impugned Order. The Adjudicating Authority had directed the payment of Rs. 2 Lakhs as fee, plus expenses incurred by the IRP in publication. The appellant is Mukesh Bhardwaj and the respondent is Sarvottam Rolling Mills Ltd. & Anr.