The case pertains to an application regarding the payment of Corporate Insolvency Resolution Process (CIRP) costs. The application is related to whether the Corporate Debtor or the Committee of Creditors (COC) should bear the CIRP costs, as ratified by the COC.
The application concerns the payment of CIRP costs. The applicant's counsel is present, while the respondents (Nos. 1 to 3) are absent. The application seeks a determination on whether the Corporate Debtor or the COC should pay the CIRP costs, as ratified by the COC. The court has directed the respondents to file their reply before the next hearing date, failing which the matter will be decided on merits. The next hearing is scheduled for 2019-05-27.
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The case pertains to an application regarding the payment of Corporate Insolvency Resolution Process (CIRP) costs. The application is related to whether the Corporate Debtor or the Committee of Creditors (COC) should bear the CIRP costs, as ratified by the COC.
The application concerns the payment of CIRP costs. The applicant's counsel is present, while the respondents (Nos. 1 to 3) are absent. The application seeks a determination on whether the Corporate Debtor or the COC should pay the CIRP costs, as ratified by the COC. The court has directed the respondents to file their reply before the next hearing date, failing which the matter will be decided on merits. The next hearing is scheduled for 2019-05-27.
Order sheet of the…
The matter is listed…