https://www.taxtmi.com/caselaws?id=463599 SC dismissed the appeals and upheld the impugned order, agreeing with the adjudicating authority and NCLAT that the application had been properly allowed. The court held the Security Agreement created only additional security, and the mutually agreed Deed of Security dated 20.03.2020 discharged prior obligations under the financing document, Consent Term, and Amendment Agreement so that no claim of financial debt survived beyond that deed. There was no error warranting interference. en-us Fri, 10 May 2024 00:00:00 +0530 Mon, 08 Sep 2025 18:59:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463599 SC dismissed the appeals and upheld the impugned order, agreeing with the adjudicating authority and NCLAT that the application had been properly allowed. The court held the Security Agreement created only additional security, and the mutually agreed Deed of Security dated 20.03.2020 discharged prior obligations under the financing document, Consent Term, and Amendment Agreement so that no claim of financial debt survived beyond that deed. There was no error warranting interference. Case-Laws IBC Fri, 10 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463599