https://www.taxtmi.com/article/detailed?id=16020 The CoC is a statutory collective formed by the Code for decision-making in the insolvency process; it lacks indicia of a separate juristic personality-such as registration, perpetual succession, or profit-sharing-and therefore is not characterised as an independent legal entity. Questions of representation and participation in proceedings concerning the inclusion or removal of an individual financial creditor are matters for the affected creditor and for the Resolution Professional as the operative representative under the Code, rather than for the CoC as a separate litigating body. en-us Sat, 14 Mar 2026 08:38:38 +0530 Sat, 14 Mar 2026 08:38:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16020 The CoC is a statutory collective formed by the Code for decision-making in the insolvency process; it lacks indicia of a separate juristic personality-such as registration, perpetual succession, or profit-sharing-and therefore is not characterised as an independent legal entity. Questions of representation and participation in proceedings concerning the inclusion or removal of an individual financial creditor are matters for the affected creditor and for the Resolution Professional as the operative representative under the Code, rather than for the CoC as a separate litigating body. Articles Corporate Laws / IBC / SEBI Sat, 14 Mar 2026 08:38:38 +0530 https://www.taxtmi.com/article/detailed?id=16020