https://www.taxtmi.com/caselaws?id=362045 The judgment held that the Resolution Professional must notify Operational Creditors if their aggregate dues exceed 10% of the debt, allowing them to attend Committee of Creditors' meetings. Non-voting attendees, including Operational Creditors, suspended Board of Directors, and Resolution Applicants, must have their views considered. The decision emphasized transparency and inclusivity in the resolution process, aligning with the legislative intent of the Insolvency and Bankruptcy Code. The appeal was disposed of accordingly. en-us Thu, 24 May 2018 00:00:00 +0530 Tue, 19 Jun 2018 09:26:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362045 The judgment held that the Resolution Professional must notify Operational Creditors if their aggregate dues exceed 10% of the debt, allowing them to attend Committee of Creditors' meetings. Non-voting attendees, including Operational Creditors, suspended Board of Directors, and Resolution Applicants, must have their views considered. The decision emphasized transparency and inclusivity in the resolution process, aligning with the legislative intent of the Insolvency and Bankruptcy Code. The appeal was disposed of accordingly. Case-Laws Insolvency and Bankruptcy Thu, 24 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362045