Tag: Committee of Creditors

Corporate Law Firm in Ahmedabad, India > Blog > Committee of Creditors

Role and Responsibilities of the Committee of Creditors

August 21, 2025

Introduction In India’s insolvency ecosystem, the Committee of Creditors (CoC) occupies a pivotal position within the Corporate Insolvency Resolution Process (CIRP) framework established by the Insolvency and Bankruptcy Code, 2016 (IBC). After the National Company Law Tribunal (NCLT) admits a company into the CIRP, the interim resolution professional collects and validates claims and forms the…

Whether it is mandatory for the Resolution Professional to decide the distribution of proceeds for the Secured Financial Creditor ("FC") based on their security interest instead of the voting share decided by the Committee of Creditors ("CoC")?

September 27, 2022

Adjudicating Authority cannot sit on appeal over the wisdom of Committee of Creditors.

August 3, 2022

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