<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2026 (7) TMI 250 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI</title>
    <link>https://www.taxtmi.com/caselaws?id=794364</link>
    <description>Related-party status under the Insolvency and Bankruptcy Code may arise from indirect control through a corporate chain, de facto control, and influence over board composition. A claim based on a hold-cover arrangement requires proof that the relevant guarantor made payment and that an assignable debt passed to the claimant. Subrogation or assignment does not create secured creditor rights over Indian immovable property without lawful creation or transfer of security and compliance with foreign exchange restrictions. Reimbursement to a non-resident guarantor is limited to the amount actually paid under the applicable regulatory cap; post-facto approval cannot enlarge an excess claim. Commercial distribution decisions under an approved resolution plan remain protected absent a statutory ground for interference.</description>
    <language>en-us</language>
    <pubDate>Tue, 30 Jun 2026 00:00:00 +0530</pubDate>
    <lastBuildDate>Sat, 04 Jul 2026 08:15:48 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=910050" rel="self" type="application/rss+xml"/>
    <item>
      <title>2026 (7) TMI 250 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=794364</link>
      <description>Related-party status under the Insolvency and Bankruptcy Code may arise from indirect control through a corporate chain, de facto control, and influence over board composition. A claim based on a hold-cover arrangement requires proof that the relevant guarantor made payment and that an assignable debt passed to the claimant. Subrogation or assignment does not create secured creditor rights over Indian immovable property without lawful creation or transfer of security and compliance with foreign exchange restrictions. Reimbursement to a non-resident guarantor is limited to the amount actually paid under the applicable regulatory cap; post-facto approval cannot enlarge an excess claim. Commercial distribution decisions under an approved resolution plan remain protected absent a statutory ground for interference.</description>
      <category>Case-Laws</category>
      <law>IBC</law>
      <pubDate>Tue, 30 Jun 2026 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=794364</guid>
    </item>
  </channel>
</rss>