https://www.taxtmi.com/caselaws?id=410015 The Appellate Tribunal held that the delay in payment concerning the leasehold land could not be attributed to the Respondent, but the delay regarding the freehold land was their responsibility. Consequently, the Liquidator was instructed to refund the excess interest deducted for the leasehold land. The impugned order dated 12.02.2021 by the Adjudicating Authority was set aside with these observations and directions. Pending IAs were disposed of, and interim orders vacated, with no orders as to costs. en-us Mon, 19 Jul 2021 00:00:00 +0530 Thu, 22 Jul 2021 08:58:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410015 The Appellate Tribunal held that the delay in payment concerning the leasehold land could not be attributed to the Respondent, but the delay regarding the freehold land was their responsibility. Consequently, the Liquidator was instructed to refund the excess interest deducted for the leasehold land. The impugned order dated 12.02.2021 by the Adjudicating Authority was set aside with these observations and directions. Pending IAs were disposed of, and interim orders vacated, with no orders as to costs. Case-Laws Insolvency and Bankruptcy Mon, 19 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410015