https://www.taxtmi.com/acts?id=13436 Creditors may prove for interest on debts overdue at the date of the winding up order or resolution where no interest was reserved; if payable by written instrument at a certain time, interest runs from when the debt became payable, and if payable otherwise, from the date of a written demand notifying that interest will be claimed; recoverable interest is limited to a rate not exceeding the prime lending rate fixed by the Reserve Bank of India up to that date, accruing until payment. en-us Thu, 26 May 2011 14:39:55 +0530 Wed, 26 Jun 2024 15:26:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=13436 Creditors may prove for interest on debts overdue at the date of the winding up order or resolution where no interest was reserved; if payable by written instrument at a certain time, interest runs from when the debt became payable, and if payable otherwise, from the date of a written demand notifying that interest will be claimed; recoverable interest is limited to a rate not exceeding the prime lending rate fixed by the Reserve Bank of India up to that date, accruing until payment. Act-Rules LLP Thu, 26 May 2011 14:39:55 +0530 https://www.taxtmi.com/acts?id=13436