https://www.taxtmi.com/highlights?id=65605 CIRP - Financial Creditors - The ‘Deed of Hypothecation’ is merely creation of security interest and a mere security of interest created by hypothecation or mortgage does not constitute a financial debt. From our commercial understanding ‘Deed of Hypothecation’ is not a ‘Deed of Guarantee’ - The ‘Deed of Hypothecation’ cannot be a basis to declare the parties as financial creditors - AT en-us Tue, 13 Sep 2022 06:48:03 +0530 Tue, 13 Sep 2022 06:48:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=65605 CIRP - Financial Creditors - The ‘Deed of Hypothecation’ is merely creation of security interest and a mere security of interest created by hypothecation or mortgage does not constitute a financial debt. From our commercial understanding ‘Deed of Hypothecation’ is not a ‘Deed of Guarantee’ - The ‘Deed of Hypothecation’ cannot be a basis to declare the parties as financial creditors - AT Highlights Insolvency and Bankruptcy Tue, 13 Sep 2022 06:48:03 +0530 https://www.taxtmi.com/highlights?id=65605