https://www.taxtmi.com/caselaws?id=296349 The Tribunal affirmed the categorization of STCI Finance Limited as a Financial Creditor of Bohra Pratisthan Pvt. Ltd., based on the guarantee provided by the Corporate Debtor for a debt, aligning with the Ascot Reality case. Consequently, the Committee of Creditors' composition, including STCI Finance Limited, was upheld, rejecting the plea for reconstitution. The Tribunal dismissed the applications challenging STCI Finance Limited's status and the CoC structure. en-us Fri, 11 Dec 2020 00:00:00 +0530 Fri, 23 Jul 2021 09:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296349 The Tribunal affirmed the categorization of STCI Finance Limited as a Financial Creditor of Bohra Pratisthan Pvt. Ltd., based on the guarantee provided by the Corporate Debtor for a debt, aligning with the Ascot Reality case. Consequently, the Committee of Creditors' composition, including STCI Finance Limited, was upheld, rejecting the plea for reconstitution. The Tribunal dismissed the applications challenging STCI Finance Limited's status and the CoC structure. Case-Laws Companies Law Fri, 11 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296349