COC has the requisite power to replace the IRP with Proposed RP even in the subsequent meetings if not replaced by RP in first meeting of COC

www.apnaipconsultant.com

NCLAT Orders, Insolvency & Bankruptcy Code, 2016, Landmark Judgments_NCLAT Orders, COC has the requisite power to replace the IRP with Proposed RP even in the subsequent meetings if not replaced by RP in first meeting of COC, Section 22 read with section 27 of the IBC,2016

In the matter of Bank of India Vs. Ms. Nithin Nutritions Pvt. Ltd. CA(AT)(Ins)No. 497-501of 2020.pdf