Question
The committee of creditors, may, in the first meeting,
________________________, either resolve to appoint the interim resolution professional as a resolution professional or to replace the interim resolution professional by another resolution professional.Solution
Section 22-Appointment of resolution professional- (2) The committee of creditors, may, in the first meeting, by a majority vote of not less than sixty-six per cent. of the voting share of the financial creditors, either resolve to appoint the interim resolution professional as a resolution professional or to replace the interim resolution professional by another resolution professional.
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