https://www.taxtmi.com/caselaws?id=280078 Where the company admits and pays the principal debt in winding-up proceedings, the company judge may determine the creditor's claim for interest within the same proceedings. The creditor need not be driven to a separate forum merely to recover the interest component already found payable. On the facts noted, the principal liability had been accepted and paid, and the company was ready to pay costs, so the court treated the company judge as the proper forum to direct payment of interest. The order was modified accordingly and the appeal succeeded. en-us Thu, 16 Mar 2006 00:00:00 +0530 Fri, 19 Apr 2019 16:09:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280078 Where the company admits and pays the principal debt in winding-up proceedings, the company judge may determine the creditor's claim for interest within the same proceedings. The creditor need not be driven to a separate forum merely to recover the interest component already found payable. On the facts noted, the principal liability had been accepted and paid, and the company was ready to pay costs, so the court treated the company judge as the proper forum to direct payment of interest. The order was modified accordingly and the appeal succeeded. Case-Laws Indian Laws Thu, 16 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280078