https://www.taxtmi.com/caselaws?id=412486 The appeal against the NCLAT's dismissal of Company Appeal (AT) (INS.) No. 1248 of 2019 under the Insolvency and Bankruptcy Code 2016 was based on a loan agreement between a Financial Creditor and a Corporate Debtor. The NCLT and NCLAT both emphasized the significance of the latest agreement dated 1st October 2016, which governed the rights and obligations of the parties. The NCLAT upheld the NCLT's decision, leading to the dismissal of the Civil Appeal. Compliance with contractual terms and agreements played a crucial role in the outcome, emphasizing the importance of adhering to such terms in insolvency and bankruptcy matters. en-us Fri, 22 Jan 2021 00:00:00 +0530 Thu, 25 Nov 2021 17:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412486 The appeal against the NCLAT's dismissal of Company Appeal (AT) (INS.) No. 1248 of 2019 under the Insolvency and Bankruptcy Code 2016 was based on a loan agreement between a Financial Creditor and a Corporate Debtor. The NCLT and NCLAT both emphasized the significance of the latest agreement dated 1st October 2016, which governed the rights and obligations of the parties. The NCLAT upheld the NCLT's decision, leading to the dismissal of the Civil Appeal. Compliance with contractual terms and agreements played a crucial role in the outcome, emphasizing the importance of adhering to such terms in insolvency and bankruptcy matters. Case-Laws Insolvency and Bankruptcy Fri, 22 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412486