https://www.taxtmi.com/caselaws?id=416801 The Supreme Court set aside the NCLAT's decision and remanded the matter back to the NCLT for a reevaluation of the RP's fee and costs incurred during the insolvency resolution process. The Court emphasized the necessity for a proper assessment of the RP's claim and a reasoned determination of the fee, directing the NCLT to expedite the process and complete the assessment within one month from the date of the Supreme Court's order. Ultimately, the appeal was allowed, overturning the impugned judgments. en-us Wed, 05 Jan 2022 00:00:00 +0530 Sat, 08 Jan 2022 09:48:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416801 The Supreme Court set aside the NCLAT's decision and remanded the matter back to the NCLT for a reevaluation of the RP's fee and costs incurred during the insolvency resolution process. The Court emphasized the necessity for a proper assessment of the RP's claim and a reasoned determination of the fee, directing the NCLT to expedite the process and complete the assessment within one month from the date of the Supreme Court's order. Ultimately, the appeal was allowed, overturning the impugned judgments. Case-Laws Insolvency and Bankruptcy Wed, 05 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416801