Loan Disbursement Confirms 'Financial Debt' Status; Applicant Recognized as 'Financial Creditor' Under Insolvency Laws.

The loan was disbursed against the consideration for time value of money with a clear commercial effect of borrowing - not only the present claim comes within the purview of ‘Financial Debt’ but also the applicant can clearly be termed as ‘Financial Creditor’ .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X