Fees of Resolution Professional rightly reduced for non-completion of CIRP in time bound manner

India Resurgence ARC Pvt. Ltd. Vs Rohit J. Vora (NCLAT Delhi)

NCLAT Delhi held that adjudicating authority rightly reduced fees payable to Resolution Professional on failure in complying with his responsibilities of completing CIRP in a time bound manner.

Facts- The present appeal is filed u/s 61 of Please become a Premium member. If you are already a Premium member, login here to access the full content.