Can an ex-employee of the Financial Creditor be permitted to act as Resolution Professional? NCLAT decides

NCLAT
NCLAT

The National Company Law Appellate Tribunal (NCLAT) has upheld the substitution of a financial creditor's ex-employee as the proposed interim resolution professional in a CIRP initiated by the financial creditor, on the ground of apprehension of bias. (SBI vs M/s. Metenere Limited)

Want to read the full story?

We’re glad you’re enjoying this story. Subscribe to any of our plans to continue reading the story.

Already have an account? Sign In

Related Stories

No stories found.
Bar and Bench - Indian Legal news
www.barandbench.com