TMI BlogThe loan was disbursed against the consideration for time value of money with a clear commercial effect...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 X X X X Extracts X X X X
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