<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Shares Transferred to Trustee Don&#039;t Affect Financial Creditor Status or Rights Under CIRP Process.</title>
    <link>https://www.taxtmi.com/highlights?id=54737</link>
    <description>Initiation of CIRP - It is true that after invocation of the pledge, Shares were transferred in dematerialised form in the DP Account of SBI CAP Trustee Company Ltd. and it became the beneficial owner of the shares it does not mean that the Financial Creditor became the beneficial owner of the shares and it losses the status of Financial Creditor. - AT</description>
    <language>en-us</language>
    <pubDate>Sat, 12 Sep 2020 14:18:14 +0530</pubDate>
    <lastBuildDate>Sat, 12 Sep 2020 14:18:14 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=622096" rel="self" type="application/rss+xml"/>
    <item>
      <title>Shares Transferred to Trustee Don&#039;t Affect Financial Creditor Status or Rights Under CIRP Process.</title>
      <link>https://www.taxtmi.com/highlights?id=54737</link>
      <description>Initiation of CIRP - It is true that after invocation of the pledge, Shares were transferred in dematerialised form in the DP Account of SBI CAP Trustee Company Ltd. and it became the beneficial owner of the shares it does not mean that the Financial Creditor became the beneficial owner of the shares and it losses the status of Financial Creditor. - AT</description>
      <category>Highlights</category>
      <law>Insolvency and Bankruptcy</law>
      <pubDate>Sat, 12 Sep 2020 14:18:14 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=54737</guid>
    </item>
  </channel>
</rss>