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Operational Debt
Settlement Breach Agreement between Operational Creditor and CD does not fall Under “Operational Debt” as per Section 5 (21) of the IBC: NCLT
June 17, 2024
Claim for Refund of Security Deposit on Contractual Obligation Contingent on Executing Leave and License Agreement not Operational Debt under IBC: NCLAT [Read Order]
June 7, 2024
Advanced Deposit towards Licence Fee to be considered as Operational Debt and Issuance of Notice under NI Act is not a Dispute: NCLT [Read Order]
January 24, 2022
Only Debts covered under definition of ‘Operational Debt’ can file application under Section 9 of Insolvency and Bankruptcy Code: NCLT
March 26, 2021
Advance given by Real-Estate developer to Property Owner is Operational Debt under IBC: NCLT [Read Order]
January 18, 2021
Lease rentals arising out of use and occupation of a cold storage unit is an ‘Operational Debt’: NCLAT [Read Order]
October 12, 2020
Interest alone cannot be construed as Operational Debt: NCLAT [Read Order]
February 13, 2020
A Demand Notice of an Unpaid Operational Debt can be issued by a Lawyer on behalf of the Operational Creditor: SC [Read Judgment]
December 27, 2017
Claim of Investments cannot be considered as ‘Operational Debt’ under Insolvency and Bankruptcy Code: NCLT [Read Order]
October 20, 2017
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