CIRP - Equity or financial debt - The effect of the aforesaid is ...

Court Rules Contract Interpretation as Written; Appellant Unable to Recover Due to Sponsor's Insolvency and Lack of Assets.

December 5, 2023

Case Laws Insolvency and Bankruptcy SC

CIRP - Equity or financial debt - The effect of the aforesaid is that a contract means as it reads. It is not advisable for a Court to supplement it or add to it. It is an unfortunate scenario where the appellant is being left high and dry as there is nothing which it can recover from the sponsor company, there being no assets and funds. - SC

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CIRP - Equity or financial debt - The effect of the aforesaid is ...

Court Rules Contract Interpretation as Written; Appellant Unable to Recover Due to Sponsor's Insolvency and Lack of Assets.

December 5, 2023

Case Laws Insolvency and Bankruptcy SC

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