Resolution professional not personally liable for payment made with approval of CoC: NCLAT Delhi

Jet Aircraft Maintenance Engineers Welfare Association Vs Ashish Chhawchharia (NCLAT Delhi)

NCLAT Delhi held that personal liability cannot be fastened on Resolution Professional for any payment made after CIRP, where such payment is made with the approval of CoC. Thus, resolution professional not liable for making lumpsum payment to employees working in Asset Preservation Team during CIRP of Jet Airways.

Facts- Corporate Insolvency Resolution Process against the Corporate Debtor Jet Airways (India) Ltd. commenced by order dated 20.06.2019. Operations of Jet

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