https://www.taxtmi.com/acts?id=31468 A person may prove a claim for a debt not yet due on the liquidation commencement date and is entitled to distribution like other stakeholders; however, if the debt remains unpaid at distribution, the admitted claim is reduced to present value by discounting using the closing yield of government securities of matching maturity between distribution and the debt's due date, unless contractually agreed otherwise. en-us Wed, 03 Jan 2018 16:40:17 +0530 Wed, 03 Jan 2018 16:40:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31468 A person may prove a claim for a debt not yet due on the liquidation commencement date and is entitled to distribution like other stakeholders; however, if the debt remains unpaid at distribution, the admitted claim is reduced to present value by discounting using the closing yield of government securities of matching maturity between distribution and the debt's due date, unless contractually agreed otherwise. Act-Rules IBC Wed, 03 Jan 2018 16:40:17 +0530 https://www.taxtmi.com/acts?id=31468