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Non release of fund deposited with trust due to inter se dispute among financial creditors didn’t amount to default

October 17, 2020[2020] 119 taxmann.com 252 (NCL-AT)
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IBC : Default could not be attributed to corporate debtor where money deposited with trust and retention account was already available for release to financial creditors but same was not released due to inter-se dispute among financial creditors

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