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IBC - Highlights / Catch Notes

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CIR Process - Voting of COC - if any of the ‘Financial Creditor’ ...


Non-Participating Creditors Excluded from COC Voting Share Calculation in CIR Process.

June 15, 2019

Case Laws     Insolvency and Bankruptcy     AT

CIR Process - Voting of COC - if any of the ‘Financial Creditor’ remains absent from voting, their voting percentage should not be counted for the purpose of counting the voting shares - no interference at this stage

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