https://www.taxtmi.com/caselaws?id=403217 Claims in insolvency resolution must be verified with reference to the insolvency commencement date, so a revised claim can be accepted only for amounts due up to that date and cannot include post-commencement interest. The document also notes that deferment of publication of the expression of interest, discrepancies in the information memorandum, publication of the public announcement, and acceptance of the two registered valuers' reports were each assessed on the facts and did not warrant adverse action or interference. The concluding note records a contravention only in relation to admission of the post-commencement portion of the revised claim, while otherwise adopting a lenient view and imposing a compliance-based restriction on fresh assignments. en-us Fri, 13 Nov 2020 00:00:00 +0530 Thu, 04 Feb 2021 15:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403217 Claims in insolvency resolution must be verified with reference to the insolvency commencement date, so a revised claim can be accepted only for amounts due up to that date and cannot include post-commencement interest. The document also notes that deferment of publication of the expression of interest, discrepancies in the information memorandum, publication of the public announcement, and acceptance of the two registered valuers' reports were each assessed on the facts and did not warrant adverse action or interference. The concluding note records a contravention only in relation to admission of the post-commencement portion of the revised claim, while otherwise adopting a lenient view and imposing a compliance-based restriction on fresh assignments. Case-Laws Insolvency and Bankruptcy Fri, 13 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403217