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![Debt of Related Party Cannot Assign to Refrian From Participating in CoC: NCLAT [Read Order] Debt of Related Party Cannot Assign to Refrian From Participating in CoC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/NCLAT-CoC-National-Company-Law-Appellate-Tribunal-Corporate-Debtor-CIRP-Resolution-Professional-Section-21-Taxscan.jpg)
Debt of Related Party Cannot Assign to Refrian From Participating in CoC: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has ruled that a "related party" cannot transfer its debt solely to get a position on the...