equitable set-off, which is impeachment of
title, albeit contractual set-off is a result of mutual agreement that
permits set-off and adjustment. Therefore ... certainty."
20. The contractual set-off has been referred to as transactional set-off.
While dealing with equitable set-off, it was held that
equitable set-off, which is impeachment of
title, albeit contractual set-off is a result of mutual agreement that
permits set-off and adjustment. Therefore ... certainty."
20. The contractual set-off has been referred to as transactional set-off.
While dealing with equitable set-off, it was held that
term 'set-off',
namely, (a) statutory or legal set-off; (b) common law set-off; (c)
equitable set-off; (d) contractual set-off ... briefly explain the contours of contractual set-off, statutory/legal set-
off, equitable set-off and insolvency set-off.
12. At the outset we should
lenders including
Respondent No. 1 /SBI. The Appellant seeks a set-off or equitable set-off against
statement which reflected that NIL amount to the
Financial Creditor and set-off as claimed by the Corporate Debtor has been
accepted by the Adjudicating ... which the ICD was sanctioned, no set off was permissible and the Corporate
Debtor unilaterally has claimed set off from receivables from the Financial
Creditor
statement which reflected that NIL amount to the
Financial Creditor and set-off as claimed by the Corporate Debtor has been
accepted by the Adjudicating ... which the ICD was sanctioned, no set off was permissible and the Corporate
Debtor unilaterally has claimed set off from receivables from the Financial
Creditor
V. Padmakumar vs Stressed Assets Stabilisation Fund ... on 12 March, 2020
NATIONAL COMPANY LAW APPELLATE
G.Sundaravadivelu vs Indian Overseas Bank on 27 June, 2023
NATIONAL COMPANY LAW APPELLATE TRIBUNAL
Sicom Limited & Anr vs Kitply Industries Ltd & Ors on 10 April, 2023
1
Idbi Capital Markets And Securities vs M/S Jbf Petrochemicals Ltd on 20 December, 2021
