This is a Company Appeal (AT) (Insolvency) No. 319 of 2018 before the National Company Law Appellate Tribunal, New Delhi. The appeal concerns the applicability of the prohibition under Section 14(1)(c) of the Insolvency and Bankruptcy Code, 2016, to 'performance guarantee' in relation to 'security interest'.
The case involves an appeal before the NCLAT concerning the applicability of Section 14(1)(c) of the Insolvency and Bankruptcy Code, 2016, to 'performance guarantee' in the context of 'security interest'. The appellant argues that the prohibition under Section 14(1)(c) should not apply to 'performance guarantee' due to the definition of 'security interest' under Section 3(31) of the I&B Code. The court issued notices to the respondents and scheduled the case for admission.
Sign in to view the parties.
Learned Counsel appearing on behalf of the…
Deadline for Respondents…
This is a Company Appeal (AT) (Insolvency) No. 319 of 2018 before the National Company Law Appellate Tribunal, New Delhi. The appeal concerns the applicability of the prohibition under Section 14(1)(c) of the Insolvency and Bankruptcy Code, 2016, to 'performance guarantee' in relation to 'security interest'.
The case involves an appeal before the NCLAT concerning the applicability of Section 14(1)(c) of the Insolvency and Bankruptcy Code, 2016, to 'performance guarantee' in the context of 'security interest'. The appellant argues that the prohibition under Section 14(1)(c) should not apply to 'performance guarantee' due to the definition of 'security interest' under Section 3(31) of the I&B Code. The court issued notices to the respondents and scheduled the case for admission.
Learned Counsel appearing on behalf of the…
Deadline for Respondents…