https://www.taxtmi.com/caselaws?id=296510 The Tribunal ruled in favor of the Applicant, concluding that the delay in payment of the balance sale consideration was not the Applicant's fault. The interest demanded was deemed unjustified, and the amount paid under protest was to be refunded or adjusted by the Liquidator within 30 days. The Applicant was relieved of the obligation to pay the interest claimed by the Respondent. en-us Fri, 12 Feb 2021 00:00:00 +0530 Sat, 24 Jul 2021 09:12:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296510 The Tribunal ruled in favor of the Applicant, concluding that the delay in payment of the balance sale consideration was not the Applicant's fault. The interest demanded was deemed unjustified, and the amount paid under protest was to be refunded or adjusted by the Liquidator within 30 days. The Applicant was relieved of the obligation to pay the interest claimed by the Respondent. Case-Laws Insolvency and Bankruptcy Fri, 12 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296510