decision by committee of creditors
Sir as we know ki majority decision COC 66%se leta h but if nothing is said than we will assume 66% or 51%?
Agar section 28 wala matter hai toh 66% aayga
But kuch specified nahi kiya then 51% all decision
by Shehzaan mohammed
at 28-Dec-2022 05:12 AM
As per Section 21(8), if nothing is provided in the Code, all decisions of the committee of creditors shall be taken by a vote of not less than fifty-one per cent. of voting share of the financial creditors.
by Shubhamm Sir
at 15-Dec-2022 02:46 AM