Approvals by financial creditors

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..... e applicant shall convene meetings of the financial creditors, who are not related parties of the corporate debtor. (2) The notice of the meeting under sub-regulation (1) shall be served to the financial creditors, who are not related parties of the corporate debtor, at least five days before the date of the meeting, unless a shorter time is agreed to by all of them. (3) The notice of the me .....

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..... yable to him and expenses to be incurred by him for conducting the process; and (c) fee payable to him and expenses to be incurred by him in case management of the corporate debtor is vested with him under section 54J. (7) The approval for filing of application under sub-section (3) of section 54A shall be in Form P4. (8) Where the corporate debtor has no financial debt or where all finan .....

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