Court Confirms Corporate Insolvency Process as Debt Classified as 'Financial Debt' After Interest Payment Acknowledgment by Respondent.

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....Initiation of Corporate Insolvency Resolution Process - financial creditor - If there were any doubt in the nature of transaction, same got cleared as even according to Respondent interest was paid on the advance money - debt in question fell within the purview of ‘financial debt’- initiate Insolvency Resolution Process....