Liquidator entitled to Fee u/s 34 of IBC and Regulation 4 of Liquidation Regulations: NCLT [Read Order]

Liquidator entitled to Fee u/s 34 of IBC and Regulation 4 of Liquidation Regulations, rules NCLT

By Kalyani B. Nair - On January 7, 2024 5:30 pm - 2 mins read

ibc rules and regulations - NCLT - NCLT Ruling on Liquidator Fee - Insolvency and Bankruptcy Code - NCLT Case Law Liquidation Fees - taxscan

The New Delhi Bench of the National Company Law Tribunal (NCLT) ruled that the liquidator is entitled to fee under Section 34 of the Insolvency and Bankruptcy Code, 2016 (IBC) and Regulation 4 of the Liquidation Regulations, 2016. The Counsel who appeared for the Appellant submitted that the Appellant charged fee for the period from…

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