https://www.taxtmi.com/caselaws?id=795170 A flat allotted to settle an unpaid invoice for advertisement services does not create a financial debt because the claimant made no disbursement to the corporate debtor against consideration for the time value of money. The deemed treatment of amounts raised from real-estate allottees applies only where funds have been raised from an allottee, not where property is transferred to discharge service dues. A service provider receiving a flat in such settlement cannot claim the status or protections of a real-estate financial creditor. A substantially delayed claim filed after Committee of Creditors approval of the resolution plan was not entitled to relaxation available to homebuyers. en-us Fri, 10 Jul 2026 00:00:00 +0530 Sat, 18 Jul 2026 08:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795170 A flat allotted to settle an unpaid invoice for advertisement services does not create a financial debt because the claimant made no disbursement to the corporate debtor against consideration for the time value of money. The deemed treatment of amounts raised from real-estate allottees applies only where funds have been raised from an allottee, not where property is transferred to discharge service dues. A service provider receiving a flat in such settlement cannot claim the status or protections of a real-estate financial creditor. A substantially delayed claim filed after Committee of Creditors approval of the resolution plan was not entitled to relaxation available to homebuyers. Case-Laws IBC Fri, 10 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795170