https://www.taxtmi.com/caselaws?id=399039 The National Company Law Tribunal Bengaluru Bench rejected the application due to the delay in preferring the application, a payment dispute for valuation exercise fee, allegations against the Resolution Professional, and maintaining statutory duties. The Tribunal found the delay unjustified, noted discrepancies in payment claims, found no evidence to support allegations against the Resolution Professional, and advised seeking recourse through IBBI for grievances. The application was deemed lacking in merit and not maintainable, leading to its rejection. en-us Mon, 29 Jun 2020 00:00:00 +0530 Thu, 01 Oct 2020 11:41:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399039 The National Company Law Tribunal Bengaluru Bench rejected the application due to the delay in preferring the application, a payment dispute for valuation exercise fee, allegations against the Resolution Professional, and maintaining statutory duties. The Tribunal found the delay unjustified, noted discrepancies in payment claims, found no evidence to support allegations against the Resolution Professional, and advised seeking recourse through IBBI for grievances. The application was deemed lacking in merit and not maintainable, leading to its rejection. Case-Laws Insolvency and Bankruptcy Mon, 29 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399039