Tag: Security Deposit

Interest-Free Security Deposit in Lease Agreements: Operational Debt or Not?

Interest-Free Security Deposit in Lease Agreements: Operational Debt or Not?

Corob India Pvt Ltd v. Mr. Birendra Kumar Agrawal & Anr.[1] Introduction: The Hon’ble NCLAT in a significant ruling, addressed the issue that has taken place recently which revolves around the matter of Corob India Pvt.