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NCLAT Affirms Adjudicating Authority’s Power to Determine Fees & Expenses of RP

Case Law Details

Case Name
Khozim Yusuf Nagarwala Vs Satyendra Prasad Khorania Erstwhile RP of Raj Buildhome Pvt. Ltd. (NCLAT Delhi)
Date of Judgement/Order
Only available for paid members
Courts
NCLAT
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Khozim Yusuf Nagarwala Vs Satyendra Prasad Khorania Erstwhile RP of Raj Buildhome Pvt. Ltd. (NCLAT Delhi) In a significant ruling, the National Company Law Appellate Tribunal (NCLAT), Delhi, has upheld the jurisdiction of the Adjudicating Authority (National Company Law Tribunal) to determine the fees and expenses of the Resolution Professional (RP). The judgment in the case of Khozim Yusuf Nagarwala Vs Satyendra Prasad Khorania, erstwhile RP of Raj Buildhome Pvt. Ltd., highlights the procedural nuances and authority vested in the NCLT under the Insolvency and Bankruptcy Code (IBC), 2016. Case...
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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 17,295

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