IRP has to form a Committee of Creditors under IBC, 2016
Insolvency and Bankruptcy Code, 2016 is interesting.
Section 18 (c) of IBC, 2016 indicates that Interim Resolution Professional has to constitute a committee of creditors.
One can go through Innoventive Industries Ltd v ICICI Bank Ltd [2017] GCtR 1171 (SC) for more details about IBC, 2016.
Written by
Vishal
Delhi
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