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of <h1>Creditors Can Claim Future Debts During Winding-Up, Must Deduct 4% Interest Rebate from Declared Dividend Date</h1> A creditor can claim a debt not yet due at the time of a company's winding-up order or resolution as if it were currently payable. Such creditors are entitled to receive dividends on par with other creditors. However, they must deduct a rebate of interest at a rate of four percent per annum, calculated from the date the dividend is declared to the date the debt would have originally been due according to the contract terms.
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