{"id":6040,"date":"2026-06-01T14:31:50","date_gmt":"2026-06-01T14:31:50","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=6040"},"modified":"2026-06-01T14:31:52","modified_gmt":"2026-06-01T14:31:52","slug":"ibbi-nclat-delhi-judgement-dated-12-05-2026-no-financial-debt-under-ibc-without-disbursement-of-money-to-corporate-debtor","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/06\/01\/ibbi-nclat-delhi-judgement-dated-12-05-2026-no-financial-debt-under-ibc-without-disbursement-of-money-to-corporate-debtor\/","title":{"rendered":"IBBI, NCLAT Delhi Judgement Dated 12\/05\/2026 – No Financial Debt under IBC without disbursement of Money to Corporate Debtor\u00a0"},"content":{"rendered":"\n

Case of Amisha in Sky Creations Pvt Ltd vs Sandeep D Maheshwari, NCLAT Delhi Judgement Dated 12th<\/sup>\u00a0May 2026.<\/em>The appellate tribunal that a company that mortgaged its property to help a borrower secure a bank loan could not claim to be a financial creditor in the borrower insolvency proceedings merely because it was promised interest in return.\u00a0It directed that appellant claim be treated as that of an \u2018other creditor\u2019, with further steps depending on the terms of the approved resolution plan.
(Link: NCLAT Delhi Judgement Dated 12\/05\/2026)<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Case of Amisha in Sky Creations Pvt Ltd vs Sandeep D Maheshwari, NCLAT Delhi Judgement Dated 12th\u00a0May 2026.The appellate tribunal […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[66,69],"tags":[],"class_list":["post-6040","post","type-post","status-publish","format-standard","hentry","category-ibbi","category-judiciary-ibbi"],"yoast_head":"\nIBBI, NCLAT Delhi Judgement Dated 12\/05\/2026 - 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