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IBC - Highlights / Catch Notes

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Direction to Resolution Professional (RP) to complete the ...

Insolvency and Bankruptcy

April 23, 2022

Direction to Resolution Professional (RP) to complete the process of voting on the resolution plan under consideration - There is sufficient reason for the Appellant/PNB to be aggrieved since it had prayed for a position in the CoC with a higher voting share and carrying out of voting without deciding its IA No. 1078/2021 affects its interest. Therefore, it is well within its right to assail the impugned order through the present appeal. - AT

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