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        IBC

        Section 108 - Conduct of meeting of creditors.

        Insolvency and Bankruptcy Code, 2016
        Chapter III (of Part III)
        INSOLVENCY RESOLUTION PROCESS

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        Creditor decision-making: creditors may approve or modify repayment plans; debtor consent required for creditor-proposed modifications. Creditors at the meeting may approve, modify or reject the repayment plan; the resolution professional must obtain the debtor's consent for each creditor-suggested modification and may adjourn the meeting for limited short periods for sufficient cause.
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                        Provisions expressly mentioned in the judgment/order text.

                            Creditor decision-making: creditors may approve or modify repayment plans; debtor consent required for creditor-proposed modifications.

                            Creditors at the meeting may approve, modify or reject the repayment plan; the resolution professional must obtain the debtor's consent for each creditor-suggested modification and may adjourn the meeting for limited short periods for sufficient cause.


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