2021 (10) TMI 709

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....Appellant : Priyanka Ghorawat, Adv. For the Respondents : Swati Mittal, Adv. ORDER 1. By filing this application, the applicant has prayed for initiation of CIRP under Section 7 of the IBC. 2. Heard. Ld. Counsel for the applicant and perused the averments made in the application. 3. Ld. Counsel for the applicant, in course of her arguments admits the fact that though the allotment l....

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.... (c) any amount raised pursuant to any note purchase facility or the issue of bonds, notes, debentures, loan stock or any similar instrument; (d) the amount of any liability in respect of any lease or hire purchase contract which is deemed as a finance or capital lease under the Indian Accounting Standards or such other accounting standards as may be prescribed; (e) receivabl....

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....n in any rate or price and for calculating the value of any derivative transaction, only the market value of such transaction shall be taken into account; (h) any counter-indemnity obligation in respect of a guarantee, indemnity, bond, documentary letter of credit or any other instrument issued by a bank or financial institution; (i) the amount of any liability in respect of any ....