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IBC - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Corporate insolvency proceedings - the decision taken by the ...


Lenders' Removal of Resolution Professional at CIRP End Ruled Illegal and Arbitrary, Needs Overturning.

December 21, 2018

Case Laws     Insolvency and Bankruptcy     Tri

Corporate insolvency proceedings - the decision taken by the Lenders for removing the Resolution Professional at the expiry of the CIRP is not in accordance with the law and the same is illegal and arbitrary action of the lenders and deserves to be set aside.

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