9911796707
TMI Blog2021 (1) TMI 1177X X X X Extracts X X X X X X X X Extracts X X X X ..... owing reliefs in this application: a. Allow the instant application. b. Direct respondent no. 2 to ratify the IRP Fee claimed by the Applicant/IRP to the tune of Rs. 2,10,000/- and reimburse the same. c. Costs of this Misc. Application. d. Pass such other / directions as this Bench may deem fit and proper in the facts and circumstances of the case. 2. That applicant submits that this tribunal admitted the captioned petition against VRG Digital Corporation Pvt. Ltd. (Corporate Debtor) on 27.09.2019 and the applicant was appointed as the Interim Resolution Professional. Applicant further submits that he issued a public announcement in two newspaper namely Free Press Journal (English) and Navakal (Marathi) on 08.10.2019. 3. Pursuant ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ,089/- till date. Hence, an amount of Rs. 2,10,000 pertaining to IRP fee is still due and outstanding to be paid by the Respondents to the Applicant. The applicant further mentioned that in spite of requesting the members of the COC to ratify the fees for carrying out the CIRP proceedings, the members of the COC failed to do so. 7. The applicant vide its various telephonic communications and Emails dated 06.01.2020 & 30.01.2020 have been patiently approaching and requesting the Respondent to reimburse the said IRP Fee. Despite the repeated request to CoC & RP, the RP, vide its mail dated 27th February has informed to the applicant that CoC in its 3rd meeting held on 25th February has decided "The fees to be paid to Mukesh Khathuria, IRP wi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r rendering the professional services only if the COC members agree to appoint the applicant as the RP for the entire Corporate Insolvency Resolution Process period however, the CoC members were not agreeable to the said proposal of the applicant and therefore, the same was not approved by the COC members. 10. The respondent further submitted that the 2nd CoC meeting was held on 23rd December 2019 when he had informed the Committee of Creditors that the applicant herein has quoted a fee of Rs. 2,10,000/-(Rupees Two Lakhs Ten Thousand Only) for the period of 36 days i.e. from 06.11.2019 to 11.12.2019. The CoC discussed and deliberated upon the said issue and had put up the same for voting. After considering the voting result it was unanimou ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
