‘Equality’ means equality among equals or within the same class during insolvency resolution process: SC

India Resurgence Arc Private Limited Vs M/s. Amit Metaliks Limited & Anr. (Supreme Court of India) “Equality” means equality among equals or within the same class. In the present facts of the case, the appellant company is said to be the assignee of the rights, title and interest carried by Religare Finvest Limited as secured financial creditor of the corporate debtor, having 3.94% of voting share in the Committee of Creditors. The appellant herein expressed dissent on the share being proposed, particularly with reference to the value of the security interest held by it; and ch...