https://www.taxtmi.com/caselaws?id=787137 The article addresses whether a Committee of Creditors (CoC) may sue or be sued under the Insolvency and Bankruptcy Code, concluding that the CoC lacks full juristic personality but is accorded a limited, functional right to litigate in Code-related matters subject to safeguards (e.g., single-member CoC, unanimous multi-member CoC, and requirement to array individual members when a multi-member CoC is respondent). It further concludes the Resolution Professional is not the exclusive litigious representative of the CoC and that the CoC need not be impleaded in proceedings challenging the status of an individual financial creditor. en-us Tue, 24 Feb 2026 00:00:00 +0530 Fri, 27 Feb 2026 08:36:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787137 The article addresses whether a Committee of Creditors (CoC) may sue or be sued under the Insolvency and Bankruptcy Code, concluding that the CoC lacks full juristic personality but is accorded a limited, functional right to litigate in Code-related matters subject to safeguards (e.g., single-member CoC, unanimous multi-member CoC, and requirement to array individual members when a multi-member CoC is respondent). It further concludes the Resolution Professional is not the exclusive litigious representative of the CoC and that the CoC need not be impleaded in proceedings challenging the status of an individual financial creditor. Case-Laws Companies Law Tue, 24 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787137