A final meeting of the CoC is scheduled to be held on 25th October, 2023. Is it necessary to hold the meeting in person or can it be organized otherwise? (a) Since it is a final meeting, everyone needs to be present in p
CS Professional · Insolvency - Law and Practice · PYQS · December 2023
A final meeting of the CoC is scheduled to be held on 25th October, 2023. Is it necessary to hold the meeting in person or can it be organized otherwise? (a) Since it is a final meeting, everyone needs to be present in person. (b) Meeting in person is not necessary and it can be held via video conferencing. (c) Only the resolution plan can be discussed via video conferencing and voting needs to be done in person. (d) With the prior permission of the NCLT, the Resolution Professional can hold the meeting via video conferencing.
Topics: Corporate Insolvency Resolution Process (CIRP)
Related Questions in this Topic
- Mr. V. Ramaswamy is former Director of Corporate Debtor namely M/s Narmada Project Limited an application field with Res...
- Mr. Krish, an operational creditor, filed an application with the Adjudicating Authority (NCLT, Delhi) to initiate the C...
- Mr. Krish, an operational creditor, filed an application with the Adjudicating Authority (NCLT, Delhi) to initiate the C...
- Mr. Krish, an operational creditor, filed an application with the Adjudicating Authority (NCLT, Delhi) to initiate the C...
- Mr. K Sridhar and Mr. K. Murali are the Directors of M/s S & M Engineering Enterprises Limited (SMEEL). Unfortunately, b...