2020 (1) TMI 8

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....pal M. And Jarat Kumar Jain, Judicial Member ORDER 1. For default of Rs. 9,87,988.35/-, at the instance of 'M/s. Hexagon Nutrition Private Limited'- ('Operational Creditor'), the 'Corporate Insolvency Resolution Process' was initiated against 'M/s. Rajasthan Drugs and Pharmaceuticals Ltd.'- ('Corporate Debtor') by impugned order dated 25th September, 2....

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....erim Resolution Professional' has received Rs. 2,00,000/- from the Respondent at the initial stage out of which he has incurred expenses of Rs. 37,936/-. 5. In the circumstance and taking into consideration the fact that there is default of only Rs. 9,87,988.35/-, we assess the fee of the 'Interim Resolution Professional' at Rs. 1,00,000/- per month i.e. Rs. 1,50,000/-for one and a ....