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NCLAT: Dissenting Financial Creditor Entitled to Liquidation Value of its Secured Interest only - (28 Oct 2024)

INSOLVENCY

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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