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IBC - Highlights / Catch Notes

Home Highlights September 2020 Year 2020 This

Initiation of CIRP - It is true that after invocation of the ...

Insolvency and Bankruptcy

September 12, 2020

Initiation of CIRP - It is true that after invocation of the pledge, Shares were transferred in dematerialised form in the DP Account of SBI CAP Trustee Company Ltd. and it became the beneficial owner of the shares it does not mean that the Financial Creditor became the beneficial owner of the shares and it losses the status of Financial Creditor. - AT

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