In Project Wise Insolvency, Interim Resolution Professional/Resolution Professional cannot seek any unpaid Fees/Costs from the members of the Committee of Creditors of another project of the Corporate Debtor – Mr. Ashok Kriplani Vs. Ms.Ramanathan Bhuvaneshwari RP – NCLAT Chennai
NCLAT held that having regard to the fact that the Appellant herein was appointed as IRP/RP in C.P.(IB)No. 84/BB/2019, in another Project, viewed from any angle, the Appellant cannot seek any unpaid Fees/Costs from the members of the Committee of Creditors of another project of the Corporate Debtor. This Tribunal, is of the considered view that the Appellant has no locus standi to make his claim in C.P.(IB) No.83/BB/2021 and therefore this Tribunal does not find any substantial ground(s) to interfere with the well-considered order of the Adjudicating Authority in I.A. in C.P. (IB) No.83/BB/2021.