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IBC - Highlights / Catch Notes

Home Highlights January 2023 Year 2023 This

Liquidation of the Corporate Debtor / Company - Aggrieved Person ...

Insolvency and Bankruptcy

January 14, 2023

Liquidation of the Corporate Debtor / Company - Aggrieved Person - Members of the suspended Board of Directors - Considering the fact that the Appellant / Petitioner who was a Promoter / Shareholder, invested in the Equity Shares at Rs.10/- each of the Corporate Debtor / Company (431840 Equity Shares), he is not an Aggrieved Person, in stricto sensu under Section 61 of the I & B Code, 2016, especially, in the light of Committee of Creditors, having passed a Resolution for Liquidation of the Corporate Debtor - AT

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