https://www.taxtmi.com/caselaws?id=467153 Fixed deposits shown as current investments in the Information Memorandum form part of the corporate debtor's estate absent a recorded security interest; where no lien is marked on the instrument and the claimant failed to lodge a claim during CIRP, the claim is extinguished and the asset vests in the successful resolution applicant. The note applies statutory rules obliging reliance on the Information Memorandum and approved resolution plan contents and affirms that recorded security interests alone can override vesting, placing onus on secured parties to establish a valid, registered lien to protect their rights. en-us Mon, 02 Mar 2026 00:00:00 +0530 Fri, 13 Mar 2026 18:49:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467153 Fixed deposits shown as current investments in the Information Memorandum form part of the corporate debtor's estate absent a recorded security interest; where no lien is marked on the instrument and the claimant failed to lodge a claim during CIRP, the claim is extinguished and the asset vests in the successful resolution applicant. The note applies statutory rules obliging reliance on the Information Memorandum and approved resolution plan contents and affirms that recorded security interests alone can override vesting, placing onus on secured parties to establish a valid, registered lien to protect their rights. Case-Laws IBC Mon, 02 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467153