https://www.taxtmi.com/caselaws?id=788006 Resolution professional entitlement: the resolution professional is entitled to fees and reimbursement of actual expenses incurred from filing of a withdrawal application under Section 12A until the date of approval and handover, because insolvency process costs include such fees and Regulation 30A contemplates payment up to approval. Fee fixation authority: fixation of resolution professional fees is primarily a function of the committee of creditors and the adjudicating authority lacks general power to fix, enhance or reduce those fees except in the limited circumstance where the applicant failed to fix expenses, so the impugned reduction must be set aside and reconsidered in accordance with law. en-us Thu, 12 Mar 2026 00:00:00 +0530 Mon, 16 Mar 2026 08:42:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788006 Resolution professional entitlement: the resolution professional is entitled to fees and reimbursement of actual expenses incurred from filing of a withdrawal application under Section 12A until the date of approval and handover, because insolvency process costs include such fees and Regulation 30A contemplates payment up to approval. Fee fixation authority: fixation of resolution professional fees is primarily a function of the committee of creditors and the adjudicating authority lacks general power to fix, enhance or reduce those fees except in the limited circumstance where the applicant failed to fix expenses, so the impugned reduction must be set aside and reconsidered in accordance with law. Case-Laws IBC Thu, 12 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788006