Distribution approved by e-voting by CoC in its commercial wisdom cannot be interfered by NCLT/NCLAT
Case Law Details
Case Name : Indian Bank (Appellant) Vs Charu Desai (NCLAT)
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NCLAT
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Indian Bank (Appellant) Vs Charu Desai (NCLAT)
Commercial wisdom of Committee of Creditors (CoC) for amount to be paid to different classes or subclasses of creditors in accordance with provisions of the IB Code and the related Regulations.
Hon’ble National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi in Company Appeal No. 644 of 2021 & IA No. 2940 of 2021 & IA No. 193 of 2022, Please become a Premium member. If you are already a Premium member, login here to access the full content.
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