https://www.taxtmi.com/caselaws?id=423170 The Tribunal held that the Appellant was entitled to Corporate Insolvency Resolution Process (CIRP) costs during the CIRP period but did not direct payment due to provisions in the approved Resolution Plan. The Tribunal corrected and clarified the judgment to align with the findings that the Appellant should have CIRP costs covered by the Resolution Plan, allowing the Appellant to seek payment from the Monitoring Committee as per the Plan. The Tribunal exercised its inherent powers under Rule 11 to rectify the oversight without revisiting its findings. en-us Mon, 30 May 2022 00:00:00 +0530 Wed, 01 Jun 2022 07:42:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423170 The Tribunal held that the Appellant was entitled to Corporate Insolvency Resolution Process (CIRP) costs during the CIRP period but did not direct payment due to provisions in the approved Resolution Plan. The Tribunal corrected and clarified the judgment to align with the findings that the Appellant should have CIRP costs covered by the Resolution Plan, allowing the Appellant to seek payment from the Monitoring Committee as per the Plan. The Tribunal exercised its inherent powers under Rule 11 to rectify the oversight without revisiting its findings. Case-Laws Insolvency and Bankruptcy Mon, 30 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423170