The appeal challenges an order dated 13.01.2023 by the Adjudicating Authority (NCLT, Ahmedabad) that rejected I.A. No. 885 of 2020, filed by the Appellant, seeking payment of fees as IRP. CIRP was initiated on 15.10.2019, and the Appellant was appointed as IRP, continuing until the CoC relieved him and appointed a new IRP on 08.09.2020. Disputes arose regarding the Appellant's fees. The Appellant had previously filed I.A. No. 449 of 2020, which the Adjudicating Authority decided on 08.09.2020, directing the CoC to pay the CIRP cost of the IRP. Subsequently, the Appellant filed I.A. No. 885/2020. While hearing I.A. No. 885/2020, the Adjudicating Authority issued an order on 17.02.2022.
CIRP was initiated on 15.10.2019. The Appellant was appointed as IRP and continued until the CoC relieved him and appointed a new IRP on 08.09.2020. The Appellant filed I.A. No. 885 of 2020 seeking payment of fees as IRP, which was rejected by the Adjudicating Authority (NCLT, Ahmedabad) on 13.01.2023. The Appellant had previously filed I.A. No. 449 of 2020, which the Adjudicating Authority decided on 08.09.2020, directing the CoC to pay the CIRP cost of the IRP. The Appellant filed a complaint against the new IRP for non-payment of fees. The IBBI examined the complaint and issued a report. The Appellant claimed Rs. 13,70,699/- in addition to the Rs. 20,89,068/- already paid. The CoC had approved Rs. 20,89,068/- but not the additional amount. The NCLT recorded that Rs.
…Sign in to view the parties.
CIRP was…
Appellant was a…
Sign in to view related legal provisions.
The appeal challenges an order dated 13.01.2023 by the Adjudicating Authority (NCLT, Ahmedabad) that rejected I.A. No. 885 of 2020, filed by the Appellant, seeking payment of fees as IRP. CIRP was initiated on 15.10.2019, and the Appellant was appointed as IRP, continuing until the CoC relieved him and appointed a new IRP on 08.09.2020. Disputes arose regarding the Appellant's fees. The Appellant had previously filed I.A. No. 449 of 2020, which the Adjudicating Authority decided on 08.09.2020, directing the CoC to pay the CIRP cost of the IRP. Subsequently, the Appellant filed I.A. No. 885/2020. While hearing I.A. No. 885/2020, the Adjudicating Authority issued an order on 17.02.2022.
CIRP was initiated on 15.10.2019. The Appellant was appointed as IRP and continued until the CoC relieved him and appointed a new IRP on 08.09.2020. The Appellant filed I.A. No. 885 of 2020 seeking payment of fees as IRP, which was rejected by the Adjudicating Authority (NCLT, Ahmedabad) on 13.01.2023. The Appellant had previously filed I.A. No. 449 of 2020, which the Adjudicating Authority decided on 08.09.2020, directing the CoC to pay the CIRP cost of the IRP. The Appellant filed a complaint against the new IRP for non-payment of fees. The IBBI examined the complaint and issued a report. The Appellant claimed Rs. 13,70,699/- in addition to the Rs. 20,89,068/- already paid. The CoC had approved Rs. 20,89,068/- but not the additional amount. The NCLT recorded that Rs.
…CIRP was…
Appellant was a…
Sign in to view related legal provisions.