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IBC - Highlights / Catch Notes

Home Highlights February 2023 Year 2023 This

Liability to pay IRP fees and expenses - the reasonability of ...


IRP Fees Must Reflect Limited Progress in Early CIRP Stages; Reasonability Key in Fee Assessment.

February 23, 2023

Case Laws     Insolvency and Bankruptcy     AT

Liability to pay IRP fees and expenses - the reasonability of the fees payable to the IRP may be determined keeping in mind that CIRP had not made much progress beyond its preliminary phase and there was no occasion to carry out any exceptional responsibility - AT

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