https://www.taxtmi.com/caselaws?id=101138 Where a principal debt is admitted and paid during winding-up proceedings, the company court may determine an ancillary disputed claim for interest without requiring the creditor to file a separate civil suit. The restriction against using winding-up proceedings to recover a debt that is bona fide disputed does not apply where liability for the principal amount is undisputed. Company appeal rules contemplate placing such appeals before a Division Bench for admission, with dismissal available where no merit is disclosed. The interest-payment direction was upheld and the appeal was dismissed in limine. en-us Wed, 25 Jul 1984 00:00:00 +0530 Wed, 08 Feb 2012 17:20:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101138 Where a principal debt is admitted and paid during winding-up proceedings, the company court may determine an ancillary disputed claim for interest without requiring the creditor to file a separate civil suit. The restriction against using winding-up proceedings to recover a debt that is bona fide disputed does not apply where liability for the principal amount is undisputed. Company appeal rules contemplate placing such appeals before a Division Bench for admission, with dismissal available where no merit is disclosed. The interest-payment direction was upheld and the appeal was dismissed in limine. Case-Laws Companies Law Wed, 25 Jul 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101138