Former Directors of Corporate Debtor entitled to Resolution Plans to be discussed at COC meetings:SC
Case Law Details
Case Name : Vijay Kumar Jain Vs Standard Chartered Bank & Ors. (Supreme Court of India)
Related Assessment Year :
Courts :
Supreme Court of India
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Vijay Kumar Jain Vs Standard Chartered Bank & Ors. (Supreme Court of India)
Conclusion: The members of the suspended Board of Directors of the corporate debtor who wish to meaningfully participate in meetings held by the committee of creditors are entitled to get a copy of insolvency resolution plans from the resolution professional along with the notice of meetings.
Held: In the present case, assessee prayed for directions to the resolution professional to provide all relevant documen
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