NCLAT: Dissenting Financial Creditor Entitled to Liquidation Value of its Secured Interest only - 28.10.2024

The National Company Law Appellate Tribunal (NCLAT) has observed that as per Section 30(2)(b) of Insolvency and Bankruptcy Code, 2016 (IBC), a dissenting financial creditor is entitled to the liquidation value of its secured interest only and not the total liquidation value of Corporate Debtor.

Tags : National Company Law Appellate Tribunal Section 30(2)(b) Insolvency and Bankruptcy Code 2016

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