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Administrator appointed by 'Dutch-trustee' was equivalent to RP; entitled to participate in CoC meeting

November 18, 2019[2019] 111 taxmann.com 35 (NCL-AT)
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IBC: Where pursuant to parallel insolvency proceedings initiated in India as well as in Netherlands RP as well as Dutch trustee (Administrator) were appointed, in view of fact that Administrator was equivalent to RP of India, he had right to attend meeting of CoC; however, to avoid overlap of powers, Administrator would attend CoC meeting only as observer and he had no right to vote

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