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IBC - Highlights / Catch Notes

Home Highlights September 2020 Year 2020 This

Secured financial creditor or not - The creation of pledge of ...

Insolvency and Bankruptcy

September 2, 2020

Secured financial creditor or not - The creation of pledge of shares by the Corporate Debtor is said to be in regard to the money lent to WLD and BRASSCO. The Appellants not having advanced any money to the Corporate Debtor as a financial debt would not be coming within the purview of financial creditor of the Corporate Debtor. - AT

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