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IBC - Highlights / Catch Notes

Home Highlights April 2019 Year 2019 This

The loan was disbursed against the consideration for time value ...

Case Laws     Insolvency and Bankruptcy

April 13, 2019

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’

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