https://www.taxtmi.com/caselaws?id=349910 The Tribunal approved the appointment of Mr. Rajendra M. Ganatra as the Resolution Professional (RP) for the Corporate Debtor, despite not meeting the 75% voting share requirement. The decision was based on the recommendation of the Financial Creditor with the largest stake, emphasizing their preference in the selection process. The Tribunal recognized the professional work of the current Interim Resolution Professional (IRP) but highlighted the importance of the Financial Creditor's input in choosing the RP. en-us Fri, 15 Sep 2017 00:00:00 +0530 Wed, 03 Jan 2018 12:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349910 The Tribunal approved the appointment of Mr. Rajendra M. Ganatra as the Resolution Professional (RP) for the Corporate Debtor, despite not meeting the 75% voting share requirement. The decision was based on the recommendation of the Financial Creditor with the largest stake, emphasizing their preference in the selection process. The Tribunal recognized the professional work of the current Interim Resolution Professional (IRP) but highlighted the importance of the Financial Creditor's input in choosing the RP. Case-Laws Insolvency and Bankruptcy Fri, 15 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349910