2019 (9) TMI 362

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..... ses are ratified. In the present case, no Committee of Creditors was ever appointed as the interim resolution process did not reach that stage. In these circumstances, it is clear that whatever the Adjudicating Authority fixes as expenses will be borne by the creditor who moved the application. The impugned judgment dated 02.08.2017 is set aside only to the extent that these expenses are to .....

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..... ( 2) The Adjudicating Authority shall fix expenses where the applicant has not fix expenses under sub-regulation (1). ( 3) The applicant shall bear the expenses which shall be reimbursed by the committee to the extent it ratifies. ( 4) The amount of expenses ratified by the committee shall be treated as insolvency resolution proce .....

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..... s expenses will be borne by the creditor who moved the application. In this view of the matter, the impugned judgment dated 02.08.2017 is set aside only to the extent that these expenses are to be paid by the Corporate debtor. The appeal is allowed to the aforesaid extent. C.A. No. 103/2018: We find no merit in this Civil Appeal, which is acc .....

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