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2022 (11) TMI 1433 - SC - Insolvency and BankruptcyDismissal of application filed under Section 7 of IBC - guarantee given to the Financial Creditor or not - whether only the securities were pledged by the Pledge Agreement dated 27.02.2015? - it was held by NCLAT that It is apparent from the facts of the case that when it was decided by the Financial Creditor to extend loan to the Borrower a Facility Agreement was executed in which security package was given as contained in the terms and conditions - HELD THAT - There are no reason to interfere with the orders impugned. Appeal disposed off.
The Supreme Court of India, with Hon'ble Mr. Justice A.S. Bopanna and Hon'ble Mr. Justice Pamidighantam Sri Narasimha, found no reason to interfere with the impugned orders. The appeal is disposed of, and any pending applications are also disposed of. (Citation: 2022 (11) TMI 1433 - Supreme Court)
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