![Establishment of Financial Debt does not precluded due to Absence of Formal Written Agreement: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/06/04/500x300_2041174-financial-debt-nclt-taxscan.webp "Establishment of Financial Debt does not precluded due to Absence of Formal Written Agreement: NCLT [Read Order]")
Establishment of Financial Debt does not precluded due to Absence of Formal Written Agreement: NCLT [Read Order]
The National Company Law Tribunal (NCLT) held that the presence of a financial debt is not negated by the lack of a written loan arrangement. ...
![Deposit of Security under Memorandum of Understanding in absence of Effect of Borrowing Cannot be Categorised as Financial Debt: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/NCLAT-Financial-Debt-Deposit-of-Security-taxscan.jpg "Deposit of Security under Memorandum of Understanding in absence of Effect of Borrowing Cannot be Categorised as Financial Debt: NCLAT [Read Order]")
CIRP process can be initiated when Financial Debt and default on part of Corporate Debtor has successfully proved: NCLAT [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that the Corporate Insolvency Resolution Professional ( CIRP )Â process could be initiated when financial debt and...
Homebuyers having order or Decree from RERA are allottees, required to comply with 2nd Proviso to Section 7(1) of IBC: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) observed that the homebuyers having order or Decree from the Real Estate Regulatory Authority ( RERA ) are allottees and...
Requirement of Satisfying Minimum Threshold will be Applicable to any Amount Raised from Allottee: NCLT [Read Order]
The Chandigarh Bench of the National Company Law Tribunal ( NCLT ) observed that the requirement of satisfying the minimum threshold will be applicable to any amount raised from allottee. The...
Loan to Corporate Person Free of Interest to be classified Financial Debt: Supreme Court [Read Judgment]
The Supreme Court ruled that the loan to Corporate Person free of interest to be classified Financial Debt. The issue raised in the appeal is whether a person who gives a term loan to a Corporate...
![Loan to Corporate Person Free of Interest to be classified Financial Debt: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/07/Loan-Corporate-Person-free-of-interest-Financial-Debt-Supreme-Court-Taxscan.jpeg "Loan to Corporate Person Free of Interest to be classified Financial Debt: Supreme Court [Read Judgment]")
Interest Free Loan could not be treated as a Financial Debt without evidence that the amount was disbursed for time Value of Money: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has ruled that Interest free loan could not be treated as a Financial Debt without evidence that the amount was disbursed for time value of money. ...
![Interest Free Loan could not be treated as a Financial Debt without evidence that the amount was disbursed for time Value of Money: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Financial-Debt-NCLAT-Interest-free-loan-time-value-of-money-Taxscan.jpg "Interest Free Loan could not be treated as a Financial Debt without evidence that the amount was disbursed for time Value of Money: NCLAT [Read Order]")