https://www.taxtmi.com/highlights?id=56498 Initiation of CIRP - A deposit is something more than a mere loan of money - the Appellant’s status is that of a ‘Financial Creditor’ as per Section 5(7) read with Section 5(8) of the Code and that there is a default in payment of the accepted amounts by the Respondent/CD and in short, the Respondent / Corporate Debtor comes within the purview of the definition of ‘Financial Debt’ - AT en-us Sat, 30 Jan 2021 06:55:23 +0530 Sat, 30 Jan 2021 06:55:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56498 Initiation of CIRP - A deposit is something more than a mere loan of money - the Appellant’s status is that of a ‘Financial Creditor’ as per Section 5(7) read with Section 5(8) of the Code and that there is a default in payment of the accepted amounts by the Respondent/CD and in short, the Respondent / Corporate Debtor comes within the purview of the definition of ‘Financial Debt’ - AT Highlights Insolvency and Bankruptcy Sat, 30 Jan 2021 06:55:23 +0530 https://www.taxtmi.com/highlights?id=56498