https://www.taxtmi.com/highlights?id=67108 Initiation of CIRP - inter corporate deposit - Proof of debt - Appellant failed to produce any proof of the RTGS by way of bank statement indicating that the amount has in fact been transferred from its account to the account of the Corporate Debtor - the intercorporate deposit is a loan is not substantiated by the Appellant - NCLT rightly dismissed the application - AT en-us Thu, 15 Dec 2022 12:37:01 +0530 Thu, 15 Dec 2022 12:37:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67108 Initiation of CIRP - inter corporate deposit - Proof of debt - Appellant failed to produce any proof of the RTGS by way of bank statement indicating that the amount has in fact been transferred from its account to the account of the Corporate Debtor - the intercorporate deposit is a loan is not substantiated by the Appellant - NCLT rightly dismissed the application - AT Highlights Insolvency and Bankruptcy Thu, 15 Dec 2022 12:37:01 +0530 https://www.taxtmi.com/highlights?id=67108