National Company Law Appellate Tribunal Dismisses Appeal in Insolvency Matter — Classification of Debt Disputed. The Appellant's claim for financial creditor status was rejected as the transactions were deemed operational debt under the Insolvency and Bankruptcy Code, 2016....
The appeal was filed by the South Indian Bank against an order of the National Company Law Tribunal (NCLT) which dismissed the Bank's application to be recognized as a financial creditor concerning cr...




