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        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

        Provisions expressly mentioned in the judgment/order text.

        NCLAT dismissed the appeal regarding liquidator's fees. The tribunal found no entitlement to fees under Regulation 4(3) of IBBI (Liquidation Process) Regulations, 2016, as sales realization of Rs. 78.47 crores was significantly less than liquidation costs of Rs. 132 crores. The liquidator's claim for Rs. 188,02,261/- was deemed not tenable, with no remaining realization for fee computation. The alternative request for reasonable compensation based on CIRP fees was also rejected. The appeal was conclusively dismissed with no fees payable to the liquidator.

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