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Appellant Removed from Creditors' Committee, Labeled Collaborator Due to No Financial Creditor Status Under IBC Section 5(8.
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....Removal of appellant from Committee of Creditors - Financial Creditors or not - the appellant was a collaborator in the development agreement and not a financial creditor. There was no disbursement for time value of money by the appellant within meaning of Section 5(8) of the IBC. - AT....