https://www.taxtmi.com/caselaws?id=774737 The SC dismissed an appeal in a CIRP matter involving disputed transactions with a corporate debtor. The appellant argued that financial assistance provided during distress constituted normal commercial transactions, not fraudulent ones. The NCLAT had upheld the original order finding no error in the determination. Under Section 66 of the I&B Code 2016, the SC found no grounds to interfere with the concurrent findings below, concluding there was no malafide intention or wilful misconduct established, and dismissed the appeal. en-us Mon, 05 May 2025 00:00:00 +0530 Mon, 14 Jul 2025 08:36:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774737 The SC dismissed an appeal in a CIRP matter involving disputed transactions with a corporate debtor. The appellant argued that financial assistance provided during distress constituted normal commercial transactions, not fraudulent ones. The NCLAT had upheld the original order finding no error in the determination. Under Section 66 of the I&B Code 2016, the SC found no grounds to interfere with the concurrent findings below, concluding there was no malafide intention or wilful misconduct established, and dismissed the appeal. Case-Laws IBC Mon, 05 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774737