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Home Highlights January 2019 Year 2019 This

Corporate insolvency process - Merely grant of loan and ...

Case Laws     Insolvency and Bankruptcy

January 28, 2019

Corporate insolvency process - Merely grant of loan and admission of taking loan will ipso facto not treat the 2nd and 3rd Respondents as ‘Financial Creditors’, till they show that it complies with the substantive definition or any one or other clause of Section 5(8).

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