The case involves non-compliance of an order dated 20.08.2020 directing the Resolution Professional to pay the remuneration of the Interim Resolution Professional (IRP). The IRP filed an application in January 2020 due to this non-compliance. CoC members remitted the remuneration amount with the Resolution Professional, who was then supposed to pay the erstwhile IRP. An application (IA 491 of 2021) was filed by the Resolution Professional against a tenant and the District Collector, Solan, Himachal Pradesh.
The Bank of India initiated proceedings under Section 7 of the IBC against Eskay K 'N' IT (India) Ltd. An order dated 20.08.2020 directed the Resolution Professional to pay the remuneration of the IRP, but this order was not complied with, leading the IRP to file an application in January 2020. The CoC members remitted the remuneration amount to the Resolution Professional. Subrata Maity, the initial Resolution Professional, was replaced by Ajit Kumar. The new Resolution Professional, Ajit Kumar, stated that Mr. Maity was not cooperating in handing over records, hindering compliance. An application (IA 491 of 2021) was filed by the Resolution Professional against a tenant and the District Collector, Solan, Himachal Pradesh. Respondent No. 2 in IA 491 of 2021 did not
…Sign in to view the parties.
The IRP filed an…
Order directing the…
Sign in to view related legal provisions.
The case involves non-compliance of an order dated 20.08.2020 directing the Resolution Professional to pay the remuneration of the Interim Resolution Professional (IRP). The IRP filed an application in January 2020 due to this non-compliance. CoC members remitted the remuneration amount with the Resolution Professional, who was then supposed to pay the erstwhile IRP. An application (IA 491 of 2021) was filed by the Resolution Professional against a tenant and the District Collector, Solan, Himachal Pradesh.
The Bank of India initiated proceedings under Section 7 of the IBC against Eskay K 'N' IT (India) Ltd. An order dated 20.08.2020 directed the Resolution Professional to pay the remuneration of the IRP, but this order was not complied with, leading the IRP to file an application in January 2020. The CoC members remitted the remuneration amount to the Resolution Professional. Subrata Maity, the initial Resolution Professional, was replaced by Ajit Kumar. The new Resolution Professional, Ajit Kumar, stated that Mr. Maity was not cooperating in handing over records, hindering compliance. An application (IA 491 of 2021) was filed by the Resolution Professional against a tenant and the District Collector, Solan, Himachal Pradesh. Respondent No. 2 in IA 491 of 2021 did not
…The IRP filed an…
Order directing the…
Sign in to view related legal provisions.