Fox Mandal Newsletter- Voting Rights to Operational Creditors under IBC 2016

In the recent weeks it is observed by the Hon’ble Supreme Court of India that the “operational creditors” should also be given right to be part of Committee of Creditors(the“CoC”) of the Corporate Debtor undergoing Insolvency Resolution Process under The Insolvency and Bankruptcy Code, 2016 (the “IBC”).