12 August 2024


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NCLAT: Injecting Funds in CD for Profits Would Come within Definition of Financial Debt - 24.02.2025

NCLAT New Delhi bench has held that infusion of funds in the Corporate Debtor (CD) with the purpose of generating profits would come within the definition of Financial Debt under Section 5(8) of the Insolvency and Bankruptcy Code, 2016.

Tags : NCLAT New Delhi Financial Debt Corporate Debtor

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