https://www.taxtmi.com/caselaws?id=463316 NCLAT dismissed the appeal, holding that fixed deposit receipts provided as 100% margin for bank guarantees are held in trust and do not form part of the corporate debtor's insolvency/liquidation estate under Section 36(4) IBC. The Adjudicating Authority's view that such trust-held assets are not assets of the corporate debtor and that the impugned order did not contravene the moratorium under Section 14 was upheld as legally valid, with no illegality found. en-us Mon, 04 Oct 2021 00:00:00 +0530 Sat, 23 Aug 2025 10:59:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463316 NCLAT dismissed the appeal, holding that fixed deposit receipts provided as 100% margin for bank guarantees are held in trust and do not form part of the corporate debtor's insolvency/liquidation estate under Section 36(4) IBC. The Adjudicating Authority's view that such trust-held assets are not assets of the corporate debtor and that the impugned order did not contravene the moratorium under Section 14 was upheld as legally valid, with no illegality found. Case-Laws IBC Mon, 04 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463316