https://www.taxtmi.com/caselaws?id=288843 The Tribunal's judgment underscores the significance of settlement with creditors, adherence to undertakings, and the correct procedure for constituting the Committee of Creditors under the Insolvency and Bankruptcy Code. It clarifies that the Insolvency Resolution Professional (IRP) can convene the Committee of Creditors meeting as the CoC was already formed before the previous order. The decision emphasizes compliance with legal processes to facilitate the resolution of insolvency matters in line with the law. en-us Wed, 26 Feb 2020 00:00:00 +0530 Thu, 02 Jul 2020 08:54:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288843 The Tribunal's judgment underscores the significance of settlement with creditors, adherence to undertakings, and the correct procedure for constituting the Committee of Creditors under the Insolvency and Bankruptcy Code. It clarifies that the Insolvency Resolution Professional (IRP) can convene the Committee of Creditors meeting as the CoC was already formed before the previous order. The decision emphasizes compliance with legal processes to facilitate the resolution of insolvency matters in line with the law. Case-Laws Insolvency and Bankruptcy Wed, 26 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288843