Vatsal Gaur Comments on ‘Operational Creditors’ Influence in Insolvency Resolution Process in an article on Financial Express

Posted On - 26 March, 2024 • By - King Stubb & Kasiva

Vatsal Gaur provided insight into the potential relief for operational creditors (OCs) in the resolution process. In an article published on Financial Express, Vatsal emphasized the limitations faced by operational creditors due to their lack of significant aggregate dues, which consequently restricts their voting rights within the Committee of Creditors (CoC).

He highlighted the impact of this limitation on the influence operational creditors wield over the resolution outcome. This observation sheds light on the challenges faced by OCs in the insolvency resolution process and underscores the need for potential reforms to address their concerns.

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