https://www.taxtmi.com/acts?id=31000 The first meeting of the committee of creditors must be held within seven days of its constitution, and the committee may, by a majority of not less than sixty-six per cent of the voting share of financial creditors, either continue the interim resolution professional as resolution professional or replace that person with another proposed resolution professional. If the interim resolution professional is continued, appointment is deemed to take effect from the date of the resolution subject to written consent; if replaced, the committee must apply to the Adjudicating Authority with the proposed professional's written consent. en-us Tue, 02 Jan 2018 13:21:22 +0530 Tue, 26 May 2026 11:34:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31000 The first meeting of the committee of creditors must be held within seven days of its constitution, and the committee may, by a majority of not less than sixty-six per cent of the voting share of financial creditors, either continue the interim resolution professional as resolution professional or replace that person with another proposed resolution professional. If the interim resolution professional is continued, appointment is deemed to take effect from the date of the resolution subject to written consent; if replaced, the committee must apply to the Adjudicating Authority with the proposed professional's written consent. Act-Rules IBC Tue, 02 Jan 2018 13:21:22 +0530 https://www.taxtmi.com/acts?id=31000