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Committee with only operational creditors.

Regulation 16 - Regulation - COMMITTEE OF CREDITORS - Insolvency and Bankruptcy - Regulation 16 - CHAPTER V COMMITTEE OF CREDITORS 16. (1) Where the corporate debtor has no financial debt or where all financial creditors are related parties of the co .....

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perational creditors is less than eighteen, the committee shall include all such operational creditors; (b) one representative elected by all workmen other than those workmen included under sub-clause (a); and (c) one representative elected by all em .....

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