TMI Blog2020 (3) TMI 1319X X X X Extracts X X X X X X X X Extracts X X X X ..... tion 7 of the Insolvency and Bankruptcy Code, 2016 ( I B Code for short) has not been dealt with at the stage of admission and no order has been passed either admitting or rejecting the application. Mere finding on an Interlocutory Application that the debt claimed by the Creditor constituted a financial debt would not ipso facto justify admission or rejection of the application as learned ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Shankar Vinod, Advocates. ORDER In terms of the impugned order, learned Adjudicating Authority has only disposed of I.A. No. 09/KOB/20 recording a finding that the money advanced constituted a financial debt , which is disputed by the Appellant. It emerges from the record that the application under Section 7 of the Insolvency and Bankruptcy Code, 2016 ( I B Code for short) has not be ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
