MCO

15th January, 2022

Interest free loan lender is a Creditor under IBC - Orator Marketing Case

The Insolvency and Bankruptcy Code, 2016 (IBC) u/s 5(8) provides that the ‘financial debt’ would be a debt that has a time value attached to it. ‘Time value’ means that there must be some interest deriving from the amount given as debt.

Litigation

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