Statutory refund interest requires correction of short computation and compensation where admitted interest remains unpaid through administrative dela...
Insolvency and BankruptcyApril 18, 2020Case LawsTri
Recovery of monies due to the corporate debtor under liquidation - Respondent is directed to make the payment of the said amount o within six weeks from the date of the pronouncement of this order, failing which 12% interest per annum shall be charged from the Respondent on delayed payments till the realization of the whole of amount.
Recovery of monies due to the corporate debtor under liquidation - Respondent is directed to make the payment of the said amount o within six weeks from the date of the pronouncement of this order, failing which 12% interest per annum shall be charged from the Respondent on delayed payments till the realization of the whole of amount.
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