https://www.taxtmi.com/caselaws?id=381199 The Tribunal allowed the appeal, setting aside the Adjudicating Authority's decision and directing the Resolution Professional to recognize the Appellant as a Financial Creditor based on the Agreement's terms. The Appellant's status as a 'Financial Creditor' was affirmed due to his role as an 'allottee' and the payment made towards the consideration of time value of money. The Resolution Professional did not dispute the existence of the Agreement, leading to the Tribunal's decision in favor of the Appellant without imposing any costs. en-us Thu, 11 Apr 2019 00:00:00 +0530 Wed, 05 Jun 2019 12:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381199 The Tribunal allowed the appeal, setting aside the Adjudicating Authority's decision and directing the Resolution Professional to recognize the Appellant as a Financial Creditor based on the Agreement's terms. The Appellant's status as a 'Financial Creditor' was affirmed due to his role as an 'allottee' and the payment made towards the consideration of time value of money. The Resolution Professional did not dispute the existence of the Agreement, leading to the Tribunal's decision in favor of the Appellant without imposing any costs. Case-Laws Insolvency and Bankruptcy Thu, 11 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381199