https://www.taxtmi.com/caselaws?id=286071 The Tribunal directed the Resolution Professional (RP) to revise Mahal Hotel Private Limited's claim by calculating interest at 24% per annum on the outstanding balance using the straight-line method. The decision addressed concerns over the reconstituted Committee of Creditors, allegations against the RP, classification of Mahal Hotel as a Financial Creditor, and the interest calculation on their claim. en-us Thu, 04 Oct 2018 00:00:00 +0530 Tue, 11 Feb 2020 14:43:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286071 The Tribunal directed the Resolution Professional (RP) to revise Mahal Hotel Private Limited's claim by calculating interest at 24% per annum on the outstanding balance using the straight-line method. The decision addressed concerns over the reconstituted Committee of Creditors, allegations against the RP, classification of Mahal Hotel as a Financial Creditor, and the interest calculation on their claim. Case-Laws Insolvency and Bankruptcy Thu, 04 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286071