Locus Standi of Dissenting Financial Creditors: NCLT Kochi
The jurisprudence surrounding the Insolvency and Bankruptcy Code, 2016, consistently reinforces the supremacy of the Committee of Creditors’ commercial wisdom and the binding nature of an approved resolution plan. A recent pronouncement by the National Company Law Tribunal, Kochi Bench, in the matter of M/s. Samson and Sons Builders and Developers Pvt. Ltd., serves as…

