March 18, 2026
Submitted By: Vaibhav Tripathi
Voting in the Committee of Creditors
This IBBI circular clarifies that a financial creditor who has not yet been admitted to the Committee of Creditors (CoC) possesses no voting rights. Consequently, such a non-member cannot be legally classified as a "dissenting" or "abstaining" creditor regarding any CoC decisions, including the approval of a resolution plan.
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