SAA Vishnu Bakers Pvt. Ltd. filed an appeal against an order passed by the Adjudicating Authority (NCLT, Kolkata Bench) dated 07.09.2021, which admitted an application filed by the Operational Creditor. A settlement agreement was reached between the parties, dated 12.09.2022, and brought on record via I.A. No. 3447 of 2022. The Operational Creditor's counsel confirmed receipt of payment and settlement. The IRP submitted that expenses of Rs. 1,45,00,000/- were incurred and communicated to the Corporate Debtor. The court directed the Corporate Debtor to pay the IRP's expenses and an additional fee of Rs. 1 lakh. The relevance of the settlement is that it resolves the dispute that led to the initial application by the Operational Creditor. The IRP expenses are relevant as

SAA Vishnu Bakers Pvt. Ltd. filed an appeal against an order passed by the Adjudicating Authority (NCLT, Kolkata Bench) dated 07.09.2021, which admitted an application filed by the Operational Creditor. A settlement agreement was reached between the parties, dated 12.09.2022, and brought on record via I.A. No. 3447 of 2022. The Operational Creditor's counsel confirmed receipt of payment and settlement. The IRP submitted that expenses of Rs. 1,45,00,000/- were incurred and communicated to the Corporate Debtor. The court directed the Corporate Debtor to pay the IRP's expenses and an additional fee of Rs. 1 lakh. The relevance of the settlement is that it resolves the dispute that led to the initial application by the Operational Creditor. The IRP expenses are relevant as