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Search Results for Tag : Commercial Effect

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NCLT: Can’t Call Speculative Investment a 'Financial Debt' in Absence of Commercial Effect of Borrowi(07.04.2025)

NCLT New Delhi bench while dismissing an application under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016 has held that a speculative inv.....

Tags : NCLT New Delhi, Financial Debt, Commercial Effect

NCLAT: Can’t Categorize Security Deposit Without Intention of Commercial Effect of Borrowing, as FD(18.02.2025)

NCLAT New Delhi bench has held that the security amount deposited under a Memorandum of Understanding (MoU) without any intention of commercial effect.....

Tags : NCLAT New Delhi, Memorandum of Understanding, Commercial Effect