CIRP - Relating parties - As on the date of it becoming a part ...

Respondent No. 2 deemed Financial Creditor, not related party, eligible for CoC membership under insolvency rules.

February 23, 2021

Case Laws Insolvency and Bankruptcy Tri

CIRP - Relating parties - As on the date of it becoming a part of the CoC, Respondent No. 2 was purely a Financial Creditor of the Corporate Debtor and hence, it cannot be said that because he was a related party of the Corporate Debtor prior to becoming a CoC member, Respondent No.2 is still a related party and cannot be a part of CoC. - Tri

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CIRP - Relating parties - As on the date of it becoming a part ...

Respondent No. 2 deemed Financial Creditor, not related party, eligible for CoC membership under insolvency rules.

February 23, 2021

Case Laws Insolvency and Bankruptcy Tri

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