No. A Financial Creditor (FC) who is a related party of the Corporate Debtor (CD) cannot even attend the meeting of the Committee of Creditors (CoC). Section 21 (2) says that: Provided that a financial creditor or the authorised representative of the financial creditor referred to in sub-section (6) or sub-section (6A) or sub-section (5) of section 24, if it is a related party of the corporate debtor, shall not have any right of representation, participation or voting in a meeting of the committee of creditors.

Answer given by Shubhamm Sir at 13-Nov-2026 03:48 PM