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IBC - Highlights / Catch Notes

Home Highlights April 2018 Year 2018 This

Corporate Insolvency Resolution Process - Financial Creditor - ...


Investment Lacks Time Value Consideration, Not 'Financial Debt'; Applicant Not a 'Financial Creditor' in Insolvency Case.

April 28, 2018

Case Laws     Insolvency and Bankruptcy     Tri

Corporate Insolvency Resolution Process - Financial Creditor - the investment was not made against the consideration for time value of money and therefore neither the present claim can be termed to be a ‘financial debt’ nor does the applicant come within the meaning of ‘financial creditor’ - Tri

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