Classification of Payments by Third Parties as ‘Financial Debt’: NCLT Case Analysis
The National Company Law Appellate Tribunal (‘NCLAT’) New Delhi in the case of Mr. Rajiv Kumar Jain vs M/s Uno Minda Limited (Case No. 947 of 2022 & I.A. No. 2682, 2683 of 2022 & 1652 of 2023) provided a critical analysis regarding the classification of payments made by third parties for corporate debtors to […]