https://www.taxtmi.com/highlights?id=74030 Nature of transactions entered between the parties - The transaction emanates from sale and purchase of goods in the present case. No disbursement was made to the Corporate Debtor, hence, the transactions cannot be held to be a financial debt - there are no error in the order of the Adjudicating Authority agreeing with the view of the RP that claim of the Appellant is only an ‘operational debt’. - AT en-us Mon, 08 Jan 2024 09:14:46 +0530 Mon, 08 Jan 2024 09:14:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=74030 Nature of transactions entered between the parties - The transaction emanates from sale and purchase of goods in the present case. No disbursement was made to the Corporate Debtor, hence, the transactions cannot be held to be a financial debt - there are no error in the order of the Adjudicating Authority agreeing with the view of the RP that claim of the Appellant is only an ‘operational debt’. - AT Highlights Insolvency and Bankruptcy Mon, 08 Jan 2024 09:14:46 +0530 https://www.taxtmi.com/highlights?id=74030