https://www.taxtmi.com/highlights?id=48822 Initiation of CIRP - financial creditor or not - Admittedly the appellant, IHFL, has disbursed the amount for consideration of time value of money in favour of borrower, Individual and not to the builder. Therefore, the builder is not the corporate debtor of the appellant and the application u/s 7 of I&B Code is not maintainable. en-us Thu, 22 Aug 2019 07:36:20 +0530 Thu, 22 Aug 2019 07:36:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=48822 Initiation of CIRP - financial creditor or not - Admittedly the appellant, IHFL, has disbursed the amount for consideration of time value of money in favour of borrower, Individual and not to the builder. Therefore, the builder is not the corporate debtor of the appellant and the application u/s 7 of I&B Code is not maintainable. Highlights Insolvency and Bankruptcy Thu, 22 Aug 2019 07:36:20 +0530 https://www.taxtmi.com/highlights?id=48822