Replacement of IRP - the appointment of the Appellant as IRP was ...

Appeal Dismissed Due to Lack of Majority Vote for Interim Resolution Professional's Appointment by Creditors Committee.

December 7, 2023

Case Laws Insolvency and Bankruptcy AT

Replacement of IRP - the appointment of the Appellant as IRP was never confirmed by the CoC nor any material has been brought on record to indicate that the appointment of IRP was confirmed by the CoC by majority of not less than 66% of the vote. - the resolution to replace the IRP was passed on 06.10.2023 i.e. much before the assignment of debt. - Appeal dismissed - AT

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Replacement of IRP - the appointment of the Appellant as IRP was ...

Appeal Dismissed Due to Lack of Majority Vote for Interim Resolution Professional's Appointment by Creditors Committee.

December 7, 2023

Case Laws Insolvency and Bankruptcy AT

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