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2021 (11) TMI 1029

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..... ce any written communication between himself and Mr. Gagan Bothra accepting the amount of fee payable to the Applicant and as such balance as claimed cannot be considered at this stage - Admittedly CoC has not approved the legal expenses payable to the IRP and the legal cost incurred by him as required under Regulation 33 of CIRP Regulations and as such claim of the IRP cannot be considered at thi .....

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..... ent respectively to carry out investigation and submit the report on how the respondent is claiming that he is making payments running into crores of rupees in cash only, without showing source of income, without declaring the same to tax authorities, without maintaining proper books of account as this matter s serious public interest encouraging many others to disobey the laws and still get the .....

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..... is Tribunal in the matter. 4. The applicant further claims to have incurred certain legal expenses in defending various matters and for defending continuous litigation with IBBI and ICAI for which he has raised his own advise (attached page number 113 to 114 of the type set). 5. Under para e page 7 of the application, the Applicant has written as under :- Later I came to know from Mr .....

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..... on 19.9.2018 rejected the fee proposed by the compplainee, by a majority of 75.7% votes. Since the request for approval of the fee proposed by the IRP has already been rejected by the CoC the matter need not be pursued further. ORDER We have heard the Applicant. After going through the record we do not find any merit in the application on the following grounds :- a. Applicant has failed .....

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