https://www.taxtmi.com/caselaws?id=297274 The Supreme Court allowed the appeal, setting aside the NCLAT's order and remitting the matter back to the NCLT to determine the Appellant's claim for professional charges. The Court emphasized that fees ratified by the CoC should be considered part of insolvency resolution process costs. It clarified that the NCLT has jurisdiction to decide on claims related to CIRP costs, distinct from the IBBI's role in addressing misconduct. The NCLT's previous order was set aside, and the matter was restored for fresh determination, with pending applications disposed of. en-us Mon, 15 Mar 2021 00:00:00 +0530 Wed, 25 Aug 2021 09:07:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297274 The Supreme Court allowed the appeal, setting aside the NCLAT's order and remitting the matter back to the NCLT to determine the Appellant's claim for professional charges. The Court emphasized that fees ratified by the CoC should be considered part of insolvency resolution process costs. It clarified that the NCLT has jurisdiction to decide on claims related to CIRP costs, distinct from the IBBI's role in addressing misconduct. The NCLT's previous order was set aside, and the matter was restored for fresh determination, with pending applications disposed of. Case-Laws Insolvency and Bankruptcy Mon, 15 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297274