https://www.taxtmi.com/article/detailed?id=10128 Adjudicating Authority has jurisdiction to determine amounts payable to professionals engaged in a CIRP because regulatory definitions treat professional remuneration as part of insolvency resolution process cost. Even where CIRP admission is later set aside or remitted, the Adjudicating Authority may quantify and decide claims of a registered valuer incurred while discharging functions in the CIRP; the existence of a disciplinary grievance mechanism against insolvency professionals does not oust that jurisdiction. The case was remitted for fresh determination of the valuer's claim. en-us Thu, 23 Dec 2021 12:15:38 +0530 Thu, 23 Dec 2021 12:15:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10128 Adjudicating Authority has jurisdiction to determine amounts payable to professionals engaged in a CIRP because regulatory definitions treat professional remuneration as part of insolvency resolution process cost. Even where CIRP admission is later set aside or remitted, the Adjudicating Authority may quantify and decide claims of a registered valuer incurred while discharging functions in the CIRP; the existence of a disciplinary grievance mechanism against insolvency professionals does not oust that jurisdiction. The case was remitted for fresh determination of the valuer's claim. Articles Corporate Laws / IBC / SEBI Thu, 23 Dec 2021 12:15:38 +0530 https://www.taxtmi.com/article/detailed?id=10128