NCLAT: Interest Free Security Deposit is an Operational Debt - (28 Apr 2022)
INSOLVENCY
National Company Law Appellate Tribunal has observed that an interest free security deposit towards advance license fee will qualifies as an operational debt under the Insolvency & Bankruptcy Code, 2016.
Tags : NATIONAL COMPANY LAW APPELLATE TRIBUNAL INTEREST FREE SECURITY DEPOSIT INSOLVENCY & BANKRUPTCY CODE 2016
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