A creditor is entitled to assign its debt to another person but a debtor cannot assign a debt payable by it to a third party in absence of any provision to assign debt of a debtor – M/s. Khanna Lubricants Vs. M/s. Gulf Petronergy Pvt. Ltd. & Anr. – NCLAT New Delhi

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A creditor is entitled to assign its debt to another person but a debtor cannot assign a debt payable by it to a third party in absence of any provision to assign debt of a debtor – M/s. Khanna Lubricants Vs. M/s. Gulf Petronergy Pvt. Ltd. & Anr. – NCLAT New Delhi Read Post »