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Independent IRP to be appointed to break stalemate when no consensus could be reached by majority of voting shares

September 15, 2020[2020] 119 taxmann.com 142 (NCLT - Ahd.)
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IBC: Where there was a conflict between secured and unsecured financial creditors consequent to which no consensus could be reached by majority of voting share, to appoint IRP/RP so proposed by applicant, an independent IRP/RP was to be appointed to break any kind of stalemate between Financial Creditors

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