The Financial Debt which is covered by Factoring Agreement is clearly covered within meaning of Section 5(8)(e) of the IBC and the Financial Creditor was entitled to being recourse – Mr. Ritesh Kumar Agrawal, Suspended Director Arcons Infrastructure and Constructions Pvt. Ltd. Vs. M/s. India Factoring and Finance Solutions Pvt. Ltd. – NCLAT New Delhi
