Committee of Creditors liability to bear the expenses incurred ...
Case Laws Insolvency and Bankruptcy
May 14, 2018
Committee of Creditors liability to bear the expenses incurred by the Insolvency Resolution Professional - the applicant, who has filed the application under Section 7 or 9 of the I & B Code, is required to bear the expenses which is to be reimbursed by the committee of creditors to the extent the Committee of Creditors ratifies the same. - AT
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