Case of Sinki Commodities Pvt Ltd vs ABC Floors Pvt Ltd, NCLAT Delhi Judgement Dated 14th October 2025.The appellate tribunal held that the non-compliance with the RBI guidelines by an NBFC cannot defeat the classification of a loan as a financial debt under section 7 of the IBC. Even if there is no financial contract exists between the parties, court is not precluded from looking into the real nature of transaction which can be proved by the Financial Creditor from the materials brought on the record.