https://www.taxtmi.com/caselaws?id=297895 The Tribunal ruled that the Applicant, a Financial Creditor regulated by SEBI, is eligible to be part of the Committee of Creditors (CoC) with voting rights proportionate to its claim. The inclusion of the Applicant in the CoC aligns with the legislative intent to protect investments and maximize the Corporate Debtor's value. The decision emphasizes that financial creditors regulated by financial sector regulators should have the opportunity to participate in the CoC, ensuring their interests are safeguarded. en-us Fri, 03 Jan 2020 00:00:00 +0530 Wed, 29 Sep 2021 11:02:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297895 The Tribunal ruled that the Applicant, a Financial Creditor regulated by SEBI, is eligible to be part of the Committee of Creditors (CoC) with voting rights proportionate to its claim. The inclusion of the Applicant in the CoC aligns with the legislative intent to protect investments and maximize the Corporate Debtor's value. The decision emphasizes that financial creditors regulated by financial sector regulators should have the opportunity to participate in the CoC, ensuring their interests are safeguarded. Case-Laws Insolvency and Bankruptcy Fri, 03 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297895