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Committee with only operational creditors.

Regulation 16 - Regulation - COMMITTEE OF CREDITORS - Insolvency and Bankruptcy Board of India (Insolvency Resolution Process For Corporate Persons) Regulations, 2016 - Regulation 16 - CHAPTER V COMMITTEE OF CREDITORS 16. (1) Where the corporate debt .....

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- (a) eighteen largest operational creditors by value: Provided that if the number of operational creditors is less than eighteen, the committee shall include all such operational creditors; (b) one representative elected by all workmen other than th .....

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