TMI BlogDefinitionsX X X X Extracts X X X X X X X X Extracts X X X X ..... n process under section 54C; (b) class of creditors means a class with at least ten financial creditors under clause (b) of sub-section (6A) of section 21 and the expression, creditors in a class shall be construed accordingly; (c) Code means the Insolvency and Bankruptcy Code, 2016; (d) committee means the committee of creditors constituted under section 54I; (e) electronic f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... specified in the Schedule; (i) identification number means the limited liability partnership identification number or the corporate identity number, as the case may be; (j) insolvency professional entity means an entity recognised as such under the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016; (k) liquidation value means the estimated realisa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ticipants in a meeting to communicate concurrently with one another and to participate effectively in the meeting. (2) Unless the context otherwise requires, words and expressions used and not defined in these Regulations, but defined in the Code, shall have the meanings respectively assigned to them in the Code. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Re ..... X X X X Extracts X X X X X X X X Extracts X X X X
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