https://www.taxtmi.com/caselaws?id=344188 The Tribunal held that the transaction did not qualify as a financial debt under the Insolvency and Bankruptcy Code 2016, rejecting the petition for Insolvency Resolution Process against the Respondents. The Petitioner was directed to seek redressal through an appropriate forum without prejudice to their rights, with no costs awarded in the judgment. en-us Mon, 08 May 2017 00:00:00 +0530 Wed, 03 Jan 2018 12:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344188 The Tribunal held that the transaction did not qualify as a financial debt under the Insolvency and Bankruptcy Code 2016, rejecting the petition for Insolvency Resolution Process against the Respondents. The Petitioner was directed to seek redressal through an appropriate forum without prejudice to their rights, with no costs awarded in the judgment. Case-Laws Insolvency and Bankruptcy Mon, 08 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344188