2020 (2) TMI 1594

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..... me buyers of the corporate debtor. In view of it, now the bank is asking this Bench to pass an order declaring him a secured financial creditor of the corporate debtor and also to allow him to sit in the CoC. This bank cannot be called as a creditor to the corporate debtor because the loans are given to the home buyers of the corporate debtor - there are no merit in this application, hence dism .....

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..... ion Professional and accord Applicant Bank all rights and privileges of a secured financial creditor and also proportionate voting rights in the forthcoming meeting of Committee of Creditors. b. In case if any Resolution Plan commenced the amount so received from the CD should be equally appropriated as per the proportionate share of the secured creditors. c. In case company goes into Li .....

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