Initiation of CIRP - Financial Debt or not - Creditors were ...

Insolvency and Bankruptcy

July 5, 2023

Initiation of CIRP - Financial Debt or not - Creditors were providing factoring services - Loan against Bill of exchange - the Financial Debt which is covered by Factoring Agreement is clearly covered within meaning of Section 5(8)(e) of the Code and the Financial Creditor was entitled to being recourse - AT

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Initiation of CIRP - Financial Debt or not - Creditors were ...

Insolvency and Bankruptcy

July 5, 2023

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