https://www.taxtmi.com/caselaws?id=400831 Where the Committee of Creditors validly approves liquidation expenses and the liquidator's remuneration within the liquidation framework, Regulation 39D governs that payment. The fact that the liquidation order was made under a different clause of the Code does not displace the CoC's approved basis for remuneration. The contrary view, which treated Regulations 4(2) and 4(3) as governing instead, was set aside, and the remuneration issue was determined in favour of the CoC-recommended approach. en-us Wed, 18 Nov 2020 00:00:00 +0530 Fri, 20 Nov 2020 12:49:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400831 Where the Committee of Creditors validly approves liquidation expenses and the liquidator's remuneration within the liquidation framework, Regulation 39D governs that payment. The fact that the liquidation order was made under a different clause of the Code does not displace the CoC's approved basis for remuneration. The contrary view, which treated Regulations 4(2) and 4(3) as governing instead, was set aside, and the remuneration issue was determined in favour of the CoC-recommended approach. Case-Laws Insolvency and Bankruptcy Wed, 18 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400831