Whether inter se ranking of the charges among Secured Financial Creditors existing before initiation of CIRP will be recognized while distributing the sale proceeds in liquidation under Section 53(1) of IBC, 2016 – NCLT Hyderabad Bench – AB Legal

Whether inter se ranking of the charges among Secured Financial Creditors existing before initiation of CIRP will be recognized while distributing the sale proceeds in liquidation under Section 53(1) of IBC, 2016 – NCLT Hyderabad Bench

July 14, 2023

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Judicial Member: Shri Justice Venkata Ramakrishna Badarinath Nandula

Technical Member: Shri Charan Singh

Case Citation: (2023) ibclaw.in 329 NCLT

For brief about the decision/expert summary of the case, full judgment and original judgment PDF, visit HERE.

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