2018 (12) TMI 1978

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ntation in the meeting of the Committee of Creditors - HELD THAT:- Taking into consideration facts and circumstances of case, the representative of Operational Creditor allowed only to watch the proceedings of the Committee of Creditors as agreed by the learned counsel for the Resolution Professional . The representative cannot object or participate in the proceedings of the Committee of Cr .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... esolution professional . It cannot be based on amount claimed by all the Operational Creditors , till it is verified and compared. If the claim of Operational Creditors, on verification is found to be less than 10%, the Operational Creditors have no right to claim representation in the meeting of the Committee of Creditors . However, taking into consideration facts and circumstances of case, .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X