https://www.taxtmi.com/caselaws?id=288144 The Tribunal held that the appellant qualifies as a 'Financial Creditor' under the Insolvency and Bankruptcy Code, and the amount disbursed constitutes a 'Financial Debt.' The application under Section 7 should have been admitted by the Adjudicating Authority. The appeal was allowed, and the case was remitted for further proceedings. en-us Tue, 23 Apr 2019 00:00:00 +0530 Fri, 22 May 2020 10:34:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288144 The Tribunal held that the appellant qualifies as a 'Financial Creditor' under the Insolvency and Bankruptcy Code, and the amount disbursed constitutes a 'Financial Debt.' The application under Section 7 should have been admitted by the Adjudicating Authority. The appeal was allowed, and the case was remitted for further proceedings. Case-Laws Insolvency and Bankruptcy Tue, 23 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288144