Financial Debt – smeaccountant

Corporate Insolvency Proceedings Escalate as Appeals Challenge NCLT Order in Ligare Aviation Case

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Corporate Insolvency Proceedings Escalate as Appeals Challenge NCLT Order in Ligare Aviation Case

Appeals challenge an NCLT order initiating corporate insolvency for Ligare Aviation, raising questions on shareholder rights and arbitral awards.

Prasenjit Bhowmik May 29, 2026

Disbursement Crucial for 'Financial Debt' Classification Under IBC, Rules Tribunal

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Disbursement Crucial for ‘Financial Debt’ Classification Under IBC, Rules Tribunal

Learn why actual fund disbursement is crucial for classifying debt as 'financial debt' under IBC, impacting creditor claims in insolvency.

Prasenjit Bhowmik May 25, 2026