NCLT: No Establishment of Creditor-Debtor Relation from Arrangement Involving Joint Profit-Sharing - 12.02.2025

National Company Law Tribunal Delhi bench has held that if the business arrangement between the parties involves joint participation and profit-sharing, such arrangement does not establish a debtor-creditor relationship under the Insolvency and Bankruptcy Code, 2016 (IBC).

Tags : NCLT Joint Profit Sharing Creditor Debtor Relation

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