Roop's Law Assist
Waitlist

Section 21

Committee of creditors . — (1) The interim resolution professional shall after collation of all claims received against the corporate debtor and determination of the financial position of the corporate debtor, constitute a committee of creditors.

Back to ActAct Subordinates
21. Committee of creditors . — (1) The interim resolution professional shall after collation of all claims received against the corporate debtor and determination of the financial position of the corporate debtor, constitute a committee of creditors. (2) The committee of creditors shall comprise all financial creditors of the corporate debtor: Provided that a 2 [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