2020 (1) TMI 8

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..... Professional' at ₹ 1,00,000/- per month i.e. ₹ 1,50,000/-for one and a half month plus ₹ 37,936/- i.e. ₹ 1,87,936/-. However, ₹ 2,00,000/- should be adjusted against the advance already received by the 'Interim Resolution Professional'. In view of the fact that the parties have reached settlement before the constitution of the 'Committee of Credito .....

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..... the 'Corporate Insolvency Resolution Process' was initiated against 'M/s. Rajasthan Drugs and Pharmaceuticals Ltd.'- ('Corporate Debtor') by impugned order dated 25th September, 2019 passed by the Adjudicating Authority (National Company Law Tribunal), Jaipur Bench, Jaipur. 2. When the matter was taken up, the Learned Counsel appearing on behalf of the Appellant su .....

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..... n the circumstance and taking into consideration the fact that there is default of only ₹ 9,87,988.35/-, we assess the fee of the 'Interim Resolution Professional' at ₹ 1,00,000/- per month i.e. ₹ 1,50,000/-for one and a half month plus ₹ 37,936/- i.e. ₹ 1,87,936/-. However, ₹ 2,00,000/- should be adjusted against the advance already received by the ' .....

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