Initiation of CIRP - Financial Debt - Converion of Debt into ...
Debt Converted to Capital Loses Financial Creditor Status in Insolvency Cases: Key Impact on Creditor Rights.
September 4, 2020
Case Laws Insolvency and Bankruptcy AT
Initiation of CIRP - Financial Debt - Converion of Debt into Capital - Once the ‘Debt’ is converted into “Capital” it cannot be termed as ‘Financial Debt’ and the Appellant cannot be described as ‘Financial Creditor’. - AT
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