CIRP - Financial Creditors - The ‘Deed of Hypothecation’ is ...

Deed of Hypothecation: Not a Financial Debt, Cannot Classify Parties as Financial Creditors in Insolvency Cases.

September 13, 2022

Case Laws Insolvency and Bankruptcy AT

CIRP - Financial Creditors - The ‘Deed of Hypothecation’ is merely creation of security interest and a mere security of interest created by hypothecation or mortgage does not constitute a financial debt. From our commercial understanding ‘Deed of Hypothecation’ is not a ‘Deed of Guarantee’ - The ‘Deed of Hypothecation’ cannot be a basis to declare the parties as financial creditors - AT

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CIRP - Financial Creditors - The ‘Deed of Hypothecation’ is ...

Deed of Hypothecation: Not a Financial Debt, Cannot Classify Parties as Financial Creditors in Insolvency Cases.

September 13, 2022

Case Laws Insolvency and Bankruptcy AT

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