The case involves a Contempt Application No.03/2024 and IA No.280/2024 in CP (IB) No.05/ALD/2020 before the National Company Law Tribunal, Allahabad Bench. The contempt application arose because a previous order dated 20th December 2023, directing the payment of Rs.3 lakh as RP fees by the Operational Creditor, was not complied with. The Operational Creditor subsequently handed over a cheque for Rs.2,70,000/- after deducting TDS, in compliance with the previous order.
A previous order dated 20th December 2023 directed the Operational Creditor to pay Rs.3 lakh as RP fees. This order was not initially complied with, leading to the filing of Contempt Application No.03/2024. Subsequently, the Operational Creditor handed over a cheque for Rs.2,70,000/-, representing the RP fees after deducting TDS. The counsel representing the erstwhile RP accepted the cheque. IA No.280/2024 is also pending.
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The case involves a Contempt Application No.03/2024 and IA No.280/2024 in CP (IB) No.05/ALD/2020 before the National Company Law Tribunal, Allahabad Bench. The contempt application arose because a previous order dated 20th December 2023, directing the payment of Rs.3 lakh as RP fees by the Operational Creditor, was not complied with. The Operational Creditor subsequently handed over a cheque for Rs.2,70,000/- after deducting TDS, in compliance with the previous order.
A previous order dated 20th December 2023 directed the Operational Creditor to pay Rs.3 lakh as RP fees. This order was not initially complied with, leading to the filing of Contempt Application No.03/2024. Subsequently, the Operational Creditor handed over a cheque for Rs.2,70,000/-, representing the RP fees after deducting TDS. The counsel representing the erstwhile RP accepted the cheque. IA No.280/2024 is also pending.
Order directing the…
Contempt Application…
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