Undervalued Transactions - avoidable transactions or not - ...

Insolvency and Bankruptcy

July 20, 2023

Undervalued Transactions - avoidable transactions or not - Debtor of the Coporate Debtors - Discounts given by the Corporate Debtor for the benefit of the Appellant in the ordinary course of business or otherwise - The Appellant has not produced any document apart from the minutes of meetings dated 03.04.2018 to show that he had raised issue about poor quality and other issues for claiming discount with the Corporate Debtor at the time of supply of the raw material - NCLT rightly rejected the claim - AT

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Undervalued Transactions - avoidable transactions or not - ...

Insolvency and Bankruptcy

July 20, 2023

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