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IBC - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

IBC - though the resolution applicant has no voting right in the ...


Resolution Applicant Can Attend CoC Meetings to Present Plans Under IBC, Despite No Voting Rights.

January 11, 2019

Case Laws     Insolvency and Bankruptcy     Tri

IBC - though the resolution applicant has no voting right in the CoC; and it is the CoC to approve or reject the resolution plan, an opportunity ought to have been provided to the resolution applicant to attend the meeting of the CoC in which the Resolution Plan is to be considered

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