Interest on overdue debts: creditors may claim interest until the winding up date if payable by instrument or after demand. Creditors may prove for interest on debts overdue at the winding up date subject to a statutory cap; if payable by a written instrument interest runs from the due date, and if not, interest runs from the date of a written demand notifying that interest will be claimed until payment or the winding up date.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Interest on overdue debts: creditors may claim interest until the winding up date if payable by instrument or after demand.
Creditors may prove for interest on debts overdue at the winding up date subject to a statutory cap; if payable by a written instrument interest runs from the due date, and if not, interest runs from the date of a written demand notifying that interest will be claimed until payment or the winding up date.
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