Live Help
Want to know more
Enter the details and we'll call you soon

Name :

Company Name :

City :

Mobile No. :

Email id :

  

Thank you for your details



Our Executive will reach you shortly.

Your Session Will Expire in   seconds.
If you do not wish to log-out, choose 'Let me continue'
Reset SessionCancel Session
 

Unsecured Loan without any interest and no fixed time to repay didn’t fall under category of financial debt

July 22, 2020[2020] 117 taxmann.com 770 (NCLT - Hyd.)
232 Views

IBC: Where financial creditors claimed to have advanced loan to corporate debtor and corporate debtor had defaulted in repayment of loan amount, since loan was provided as unsecured loan and there was no interest and no time fixed to repay same, said loan would not fall under category of financial debt

read more

taxmann.com
Payment
Best view in 1140 x 768