Validity of action of the Resolution Professional (RP) - ...

Resolution Professional Violated IBBI Regulations by Withholding Resolution Plans and Giving Less Than 24-Hour Meeting Notice.

April 10, 2021

Case Laws Insolvency and Bankruptcy AT

Validity of action of the Resolution Professional (RP) - Admittedly, the RP has not provided the copy of Resolution Plans to the Appellant. Thus, he has contravened the mandatory provision provided in Regulation 21(3) (iii) of the IBBI Regulations - the notice of that meeting was sent to the Appellant less than 24 hours’ notice was served, which is against the Regulation 19 of IBBI Regulations - Directions issued to RP - AT

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Validity of action of the Resolution Professional (RP) - ...

Resolution Professional Violated IBBI Regulations by Withholding Resolution Plans and Giving Less Than 24-Hour Meeting Notice.

April 10, 2021

Case Laws Insolvency and Bankruptcy AT

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