Subsequent interest entitlement: creditors receive interest on admitted claims until final dividend, subject to a statutory cap. Rule 179 entitles creditors with admitted proofs to interest on the admitted amount from the date of the winding-up order or resolution until the final dividend declaration, subject to a statutory ceiling and after adjusting the admitted claim by dividends declared at each interim dividend declaration.
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.
Subsequent interest entitlement: creditors receive interest on admitted claims until final dividend, subject to a statutory cap.
Rule 179 entitles creditors with admitted proofs to interest on the admitted amount from the date of the winding-up order or resolution until the final dividend declaration, subject to a statutory ceiling and after adjusting the admitted claim by dividends declared at each interim dividend declaration.
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