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2018 (12) TMI 1978 - AT - Insolvency and BankruptcyRight of Operational Creditors to claim representation in the meeting of the Committee of Creditors - HELD THAT:- Taking into consideration facts and circumstances of case, the representative of ‘Operational Creditor’ allowed only to watch the proceedings of the ‘Committee of Creditors’ as agreed by the learned counsel for the ‘Resolution Professional’. The representative cannot object or participate in the proceedings of the ‘Committee of Creditors’ and if any contrary decision is taken, in such case, the ‘Operational Creditor’ may move proper application before appropriate forum at proper stage. ‘Operational Creditor’ may obtain the name of the representative who may watch the proceedings - This order cannot be cited as precedence in any other case. Appeal disposed off.
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