Supreme Court on IBC

Supreme Court on IBC

SHIKSHAK SAHAKARI BANK LTD VS MR. JAGDISH KUMAR PARULKAR, LIQUIDATOR : CASE SUMMARY

The National Company  Law Appellate Tribunal (NCLAT)  in Shikshak Sahakari Bank Ltd. Vs. Mr. Jagdish Kumar Parulkar, Liquidator held that Liquidator is entitled to a fee under Regulation 4 (2) (b) only when he has actually realized or distributed any amount is not tenable in light of Regulation 21 A of IBBI (Liquidation Process) Regulations, 2016.

Read More