Legal glossary
“operational creditor”
Defined in 1 Acts. A definition holds for the Act that gives it; the same word can mean something else in another Act.
IBC · s. 5
The Insolvency and Bankruptcy Code, 2016.
(20) "operational creditor" means a person to whom an operational debt is owed and includes any person to whom such debt has been legally assigned or transferred;
Read section 5