The Adjudicating Authority, NCLT, Allahabad Bench has observed in para 11 of the final order passed in CP No (IB) 457/ALD/2019 that mere plain reading of provisions shows that the financial debt means the debt alongwith interest, if any, which is disburse against the consideration for time value Of money and includes the debt which has been referred in clause (a) to (i) and after considering the application it is observed that the amount that has been deposited by the applicant and the claim made by him no where is supported by any document to proof his contention and WhatsApp conversation between the applicant and the respondents which are attached as a proof to establish the debt cannot be considered as an evidence for establishing the debt and he has deposited the amount against the consideration for time value for the value.

Order Copy