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Adjudicating Authority allowed Rs. 2 lacs to resolution professional against fees incurred in insolvency process

December 12, 2018[2019] 101 411 (NCLT - New Delhi)

IBC: Where even though corporate debtor agreed to pay Rs. 3.80 lakh to IRP, Adjudicating Authority allowed payment of only Rs. 2 lakh to IRP against expenses and fees incurred in CIRP and further ordered to refund balance amount of Rs. 1.80 lakh to corporate debtor, Adjudicating Authority was wrong in passing said refund order

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