https://www.taxtmi.com/caselaws?id=406775 The Tribunal granted permission to the Liquidator to remove the Operational Creditor from the Stakeholders Consultation Committee and modify the list of stakeholders. The Operational Creditor's interest claim was rejected due to lack of provision in the invoice, and the claim was later withdrawn following a settlement with the Corporate Debtor's promoter. The Tribunal relied on Regulation 31(3) to allow the Liquidator to revise the stakeholder list, emphasizing the importance of complying with regulatory requirements in the liquidation process. The Liquidator was directed to submit the modified list within seven days. en-us Tue, 30 Mar 2021 00:00:00 +0530 Fri, 23 Apr 2021 21:03:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406775 The Tribunal granted permission to the Liquidator to remove the Operational Creditor from the Stakeholders Consultation Committee and modify the list of stakeholders. The Operational Creditor's interest claim was rejected due to lack of provision in the invoice, and the claim was later withdrawn following a settlement with the Corporate Debtor's promoter. The Tribunal relied on Regulation 31(3) to allow the Liquidator to revise the stakeholder list, emphasizing the importance of complying with regulatory requirements in the liquidation process. The Liquidator was directed to submit the modified list within seven days. Case-Laws Insolvency and Bankruptcy Tue, 30 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406775