https://www.taxtmi.com/caselaws?id=360292 The judgment clarifies that the Committee of Creditors is liable to bear the expenses incurred by the Insolvency Resolution Professional as per Regulation 33 of the Insolvency and Bankruptcy Board of India Regulations. The Adjudicating Authority's orders directing the Committee of Creditors to cover the IRP expenses were upheld, and the appeals by the State Bank of India were disposed of with specified directions. en-us Tue, 06 Mar 2018 00:00:00 +0530 Mon, 14 May 2018 06:15:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360292 The judgment clarifies that the Committee of Creditors is liable to bear the expenses incurred by the Insolvency Resolution Professional as per Regulation 33 of the Insolvency and Bankruptcy Board of India Regulations. The Adjudicating Authority's orders directing the Committee of Creditors to cover the IRP expenses were upheld, and the appeals by the State Bank of India were disposed of with specified directions. Case-Laws Insolvency and Bankruptcy Tue, 06 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360292