https://www.taxtmi.com/caselaws?id=467153 Fixed deposits recorded as the corporate debtor's current investments form part of the assets available to a successful resolution applicant unless a valid, recorded security interest is established. A debenture trustee that neither proves a marked lien nor submits its claim during the corporate insolvency resolution process cannot enforce the claim after approval of the resolution plan. Under the Insolvency and Bankruptcy Code, unfiled and unprovided claims are extinguished, and the fixed-deposit proceeds, with accrued interest, must be transferred to the successful resolution applicant. 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 recorded as the corporate debtor's current investments form part of the assets available to a successful resolution applicant unless a valid, recorded security interest is established. A debenture trustee that neither proves a marked lien nor submits its claim during the corporate insolvency resolution process cannot enforce the claim after approval of the resolution plan. Under the Insolvency and Bankruptcy Code, unfiled and unprovided claims are extinguished, and the fixed-deposit proceeds, with accrued interest, must be transferred to the successful resolution applicant. Case-Laws IBC Mon, 02 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467153