https://www.taxtmi.com/caselaws?id=411036 The Appeal was dismissed by the Tribunal as the Adjudicating Authority's decision to dismiss the Application by the former Interim Resolution Professional (IRP) was upheld. The Authority found the claim for professional fees was not maintainable as the professionals had not authorized it, and the Application was filed belatedly after the Resolution Plan approval. The Appellant's arguments regarding statutory authority under the IBC and engagement of professionals without authorization were rejected. The Appeal was dismissed without costs, affirming the Adjudicating Authority's decision. en-us Fri, 13 Aug 2021 00:00:00 +0530 Sun, 15 Aug 2021 15:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411036 The Appeal was dismissed by the Tribunal as the Adjudicating Authority's decision to dismiss the Application by the former Interim Resolution Professional (IRP) was upheld. The Authority found the claim for professional fees was not maintainable as the professionals had not authorized it, and the Application was filed belatedly after the Resolution Plan approval. The Appellant's arguments regarding statutory authority under the IBC and engagement of professionals without authorization were rejected. The Appeal was dismissed without costs, affirming the Adjudicating Authority's decision. Case-Laws Insolvency and Bankruptcy Fri, 13 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411036