Web4.3 Receipt by the Creditor of any cheque, direct credit or other electronic payment shall not be deemed to be received by the Creditor until cleared and shall not prejudice or affect the Creditor’s rights, powers or remedies under this Agreement. WebApr 30, 2024 · Satish Kumar Gupta 84 (IBC)15/2024 [10] held that “equitable treatment is to be accorded to each creditor depending upon the class to which it belongs: secure or unsecured, financial or operational”. Therefore, although section 30 (2) (b) (ii) provides for liquidation value to be given to dissenting financial creditors but that does not ...
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WebMar 1, 2012 · Preferential Treatment of a Creditor. MFG. March 1, 2012. Many companies have been hard hit by the global recession. In some cases, the company’s ability to pay its debts has been severely and irreversibly impaired. When faced with such financial difficulties the company may be pressured or tempted to treat one creditor in a more favourable ... WebAug 27, 2024 · This is for educational purposes. This video discusses the Remedies of the Creditor that is found in Art. 1177 of the Civil Code. (Nature and Effect of Oblig... WebOct 5, 2024 · In case the debtor does not comply with his obligation, the creditor may avail himself of the following remedies to satisfy his claim: Exact fulfillment (specific … faith lutheran church in albuquerque nm