https://www.taxtmi.com/caselaws?id=783470 SC upheld the NCLAT's decision dismissing the corporate debtor's challenge to the assignment of debt under a debt assignment agreement. It held that the assignment was not invalid for want of specific provisions under the MGST Act, nor did it contravene Article 265 of the Constitution or the I&B Code. Finding no legal infirmity or jurisdictional error in the NCLAT's reasoning, SC declined to interfere under its appellate jurisdiction and dismissed the civil appeal, thereby affirming the assignee's status as creditor. en-us Fri, 12 Dec 2025 00:00:00 +0530 Wed, 17 Dec 2025 08:28:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783470 SC upheld the NCLAT's decision dismissing the corporate debtor's challenge to the assignment of debt under a debt assignment agreement. It held that the assignment was not invalid for want of specific provisions under the MGST Act, nor did it contravene Article 265 of the Constitution or the I&B Code. Finding no legal infirmity or jurisdictional error in the NCLAT's reasoning, SC declined to interfere under its appellate jurisdiction and dismissed the civil appeal, thereby affirming the assignee's status as creditor. Case-Laws IBC Fri, 12 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783470