Supreme Court of India
Supreme Court of India

Supreme Court upholds order directing Operational Creditor to pay CIRP costs, fees after dismissal of insolvency plea

Stating that the direction did not warrant interference, the Supreme Court dismissed the appeal against NCLAT order.

The Supreme Court has upheld an order passed by the National Company Law Appellate Tribunal (NCLAT) directing an Operational Creditor to pay the CIRP costs and fees after the dismissal of his insolvency plea. (Rajkumar Brothers And Production Pvt Ltd vs Harish Amilineni Shareholder and erstwhile Director of Amilionn Technologies Private Limited & Anr)

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