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IBC - Highlights / Catch Notes

Home Highlights November 2022 Year 2022 This

CIRP - Appointment of RP on suggestion of Creditor instead of ...


Court Upholds Creditor's Suggested Resolution Professional in CIRP, Dismissing Bias and Legal Impropriety Claims.

November 22, 2022

Case Laws     Insolvency and Bankruptcy     AT

CIRP - Appointment of RP on suggestion of Creditor instead of nomination of RP by the Board - There are no substance in the submissions of Learned Counsel for the Appellant that Resolution Professional recommended by the Applicant is biased and appointment RP is bad in law - AT

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