https://www.taxtmi.com/caselaws?id=296235 The Appellant, classified as an 'unsecured financial creditor,' claimed 'secured creditor' status based on movable properties. The Resolution Professional and Committee of Creditors found the Appellant lacked security interest in immovable properties, thus not a 'secured creditor.' The Adjudicating Authority and National Company Law Appellate Tribunal upheld this decision, emphasizing it as factual and within their jurisdiction. The appeal was dismissed without costs, affirming the Resolution Professional and Committee of Creditors' determination. en-us Thu, 19 Dec 2019 00:00:00 +0530 Sun, 11 Jul 2021 16:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296235 The Appellant, classified as an 'unsecured financial creditor,' claimed 'secured creditor' status based on movable properties. The Resolution Professional and Committee of Creditors found the Appellant lacked security interest in immovable properties, thus not a 'secured creditor.' The Adjudicating Authority and National Company Law Appellate Tribunal upheld this decision, emphasizing it as factual and within their jurisdiction. The appeal was dismissed without costs, affirming the Resolution Professional and Committee of Creditors' determination. Case-Laws Companies Law Thu, 19 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296235