https://www.taxtmi.com/caselaws?id=290513 The case was transferred from High Court to the Adjudicating Authority under the Insolvency and Bankruptcy Code. The Adjudicating Authority rejected the claim for interest as the principal amount was paid before admission of the case. The parties settled the dispute with the corporate debtor offering an approximate sum due to a delay in payment. A cheque was handed over, signifying the resolution of the matter. The judgment emphasized the significance of settlement in dispute resolution, leading to the disposal of the appeal without costs. en-us Fri, 11 Aug 2017 00:00:00 +0530 Thu, 30 Dec 2021 10:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290513 The case was transferred from High Court to the Adjudicating Authority under the Insolvency and Bankruptcy Code. The Adjudicating Authority rejected the claim for interest as the principal amount was paid before admission of the case. The parties settled the dispute with the corporate debtor offering an approximate sum due to a delay in payment. A cheque was handed over, signifying the resolution of the matter. The judgment emphasized the significance of settlement in dispute resolution, leading to the disposal of the appeal without costs. Case-Laws Companies Law Fri, 11 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290513