https://www.taxtmi.com/caselaws?id=301197 The Committee of Creditors, led by the Applicant Bank of India, has filed an application seeking the replacement of the current Resolution Professional (RP), Mr. Navin Kumar Jain, with Mr. Vinay Talwar. Mr. Jain has raised concerns about nonpayment of his remuneration, which the COC considers excessive. The matter is scheduled for further proceedings, with the Bench Officer directed to expedite the appointment of Mr. Talwar as the new RP. The Insolvency and Bankruptcy Board of India will address Mr. Jain's grievances based on the initial terms of his appointment. en-us Tue, 16 Jan 2018 00:00:00 +0530 Fri, 18 Mar 2022 21:48:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301197 The Committee of Creditors, led by the Applicant Bank of India, has filed an application seeking the replacement of the current Resolution Professional (RP), Mr. Navin Kumar Jain, with Mr. Vinay Talwar. Mr. Jain has raised concerns about nonpayment of his remuneration, which the COC considers excessive. The matter is scheduled for further proceedings, with the Bench Officer directed to expedite the appointment of Mr. Talwar as the new RP. The Insolvency and Bankruptcy Board of India will address Mr. Jain's grievances based on the initial terms of his appointment. Case-Laws Insolvency and Bankruptcy Tue, 16 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301197