In the matter of Shilpi Cable Pvt. Limited (IB)-461(PB)-2017
Case brief
What is this about?
The Tribunal disposed of an application by the erstwhile Resolution Professional seeking release of pending fees from the Liquidator, referring the matter to IBBI for an order.
What did the court decide?
Application disposed; matter referred to IBBI for passing order.
What the court decided
IN THE NATIONAL COMPANY LAW TRIBUNAL: NEW DELHI PRINCIPAL BENCH
ITEM No. 20 (IB)-461(PB)/2017
IN THE MATTER OF:
BDR Builders and Developers Pvt. Ltd Vs Shilpi Cable Pvt. Limited
Applicant/Petitioner
Respondent
Order under Section 7 of Insolvency & Bankruptcy Code, 2016, Liq.
Order delivered on 07.02.2023
CORAM: JUSTICE RAMALINGAM SUDHAKAR HON’BLE PRESIDENT
SH. AVINASH KUMAR SRIVASTAVA HON’BLE MEMBER (TECHNICAL)
PRESENT:
For the Applicant : Mr. Saumay Kapoor, Advocate For the Liquidator : Mr. Milan Singh Negi, Mr. Nikhil Kr. Jha, Advs.
Issues for consideration
1 issue framed by the court
Whether the erstwhile Resolution Professional is entitled to fees from the Liquidator for the interim period before commisation of liquidation.
Parties & counsel
- applicant
BDR Builders and Developers Pvt. Ltd
- respondent
Shilpi Cable Pvt. Limited
Coram
RAMLINGAM SUDHAKAR
Case details
As recorded by the court registry
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