NCLAT or NCLT cannot sit in an appeal over the commercial wisdom of Committee of Creditors – Supreme Court ABCAUS…
No modifications or withdrawals of CoC-approved Resolution Plans at behest of successful Resolution Applicant once plan submitted to Adjudicating Authority-…
Appellate Tribunal cannot sit in appeal on commercial wisdom of the ‘Committee of Creditors’ and to annul the resolution plan.…
Consideration of matters / issues by the committee of creditors on request by members of the committee Insolvency and Bankruptcy…
Non member has no voting right in Committee of Creditors under IBC-2016. Non member cannot be regarded voted against a…