https://www.taxtmi.com/caselaws?id=428732 The Tribunal held that the Obligor Undertaking did not constitute a guarantee under Section 126 of the Indian Contract Act, 1872, and the claim did not qualify as a financial debt under Section 5(8) of the Insolvency and Bankruptcy Code, 2016. The Application was disposed of as rejected, ruling in favor of the Respondent. en-us Fri, 07 Oct 2022 00:00:00 +0530 Sat, 08 Oct 2022 13:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428732 The Tribunal held that the Obligor Undertaking did not constitute a guarantee under Section 126 of the Indian Contract Act, 1872, and the claim did not qualify as a financial debt under Section 5(8) of the Insolvency and Bankruptcy Code, 2016. The Application was disposed of as rejected, ruling in favor of the Respondent. Case-Laws Insolvency and Bankruptcy Fri, 07 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428732