The case involves a Company Appeal (AT) (Insolvency) No. 799 of 2018 before the National Company Law Appellate Tribunal (NCLAT), New Delhi. The appellant is Raj Kamal Saraogi, and the respondents are Rajasthan Financial Corporation & Anr. The appeal concerns the fees and costs allowed to the Interim Resolution Professional (IRP), Mr. Raj Kamal Saraogi.
Raj Kamal Saraogi, the appellant, is the Interim Resolution Professional (IRP). The respondents are Rajasthan Financial Corporation & Anr. The Tribunal allowed Rs. 2.60 lakhs to Mr. Saraogi for his fees and costs. The Committee of Creditors (CoC) had only allowed Rs. 1 lakh for payment to Mr. Saraogi. Mr. Saraogi stated that he was happy with the Rs. 2.60 lakhs allowed by the Tribunal. Mr. Ashutosh Kumar, along with Mr. Pulkit Agarwal, appeared as advocates for the appellant. Mr. Saraogi was present in person and identified by Mr. Ashutosh Kumar.
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Mr. Raj Kamal Saraogi, IRP, states he is happy…
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The case involves a Company Appeal (AT) (Insolvency) No. 799 of 2018 before the National Company Law Appellate Tribunal (NCLAT), New Delhi. The appellant is Raj Kamal Saraogi, and the respondents are Rajasthan Financial Corporation & Anr. The appeal concerns the fees and costs allowed to the Interim Resolution Professional (IRP), Mr. Raj Kamal Saraogi.
Raj Kamal Saraogi, the appellant, is the Interim Resolution Professional (IRP). The respondents are Rajasthan Financial Corporation & Anr. The Tribunal allowed Rs. 2.60 lakhs to Mr. Saraogi for his fees and costs. The Committee of Creditors (CoC) had only allowed Rs. 1 lakh for payment to Mr. Saraogi. Mr. Saraogi stated that he was happy with the Rs. 2.60 lakhs allowed by the Tribunal. Mr. Ashutosh Kumar, along with Mr. Pulkit Agarwal, appeared as advocates for the appellant. Mr. Saraogi was present in person and identified by Mr. Ashutosh Kumar.
Mr. Raj Kamal Saraogi, IRP, states he is happy…
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