A copy of the resolution plan should be provided to the Director of the Corporate Debtor – Director in CoC-Vijay Kumar Jain Vs. Standard Chartered Bank & Ors. – Supreme Court
The proviso to Section 21(2) clarifies that a director who is also a financial creditor who is a related party of the corporate debtor shall not have any right of representation, participation, or voting in a meeting of the committee of creditors. Directors, simplicitor, are not the subject matter of the proviso to Section 21(2), but only directors who are related parties of the corporate debtor
