2021 (11) TMI 1029

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....IB/ 2018 - -<br>Insolvency & Bankruptcy<br>R. SUCHARITHA, MEMBER (JUDICIAL) AND SAMEER KAKAR, MEMBER (TECHNICAL) For the Applicant :Venkata Sivo Kumar in person. ORDER Per: SAMEER KAKAR, MEMBE (TECHNICAL) This is an Application filed by erstwhile Interim Resolution Professional of PRC Hotels Pvt. Ltd. u/s 19 (2) of IBC, 2016, Section 429 &nbsp;of Companies Act, 2013 and Rule 11 of NCLT Rule....

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....of Companies Act, 2013. c. To impose exemplary costs on Respondent 1 for filing numerous frivolous cases against the applicant and thus render justice. d. Pass further orders as this Hon'ble Tribunal feels necessary in the interest of justice. 2. It is the case of Applicant that he was appointed as Interim Resolution Professional (IRP) by an order of this Tribunal in CP 540 (IB) of 2018 u/s S....

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....he typed set any approval from COC regarding his fees and expenses. 7. Applicant has attached in the typed set (page 108 to 110) order dated 15.11.2019 of the Indian Institute of Insolvency Professionals of ICAI (IlIPI) on a complaint filed by Mr. GaganBothra, R1. Excerpts from Page 2 of the said order dt. 15.11.2019 on Allegation 4 the Committee observation (relevant portion) is reproduced below....