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    <title>2022 (1) TMI 512 - NATIONAL COMPANY LAW TRIBUNAL , KOCHI BENCH</title>
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    <description>The Tribunal upheld the Liquidator&#039;s decisions in rejecting the interest amount claimed by the Operational Creditor due to lack of evidence and dismissed the application as filed beyond the appeal period. The Tribunal also found no grounds to interfere with the Liquidator&#039;s actions regarding expenses, property rights, pursuit of Guarantors&#039; properties, and handling of directors&#039; alleged theft of company records. Additionally, the Liquidator&#039;s rejection of the interest claim based on MSME status and invoices was upheld, and an application filed beyond the 14-day period under Section 42 of the IBC was dismissed as untimely.</description>
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      <link>https://www.taxtmi.com/caselaws?id=417047</link>
      <description>The Tribunal upheld the Liquidator&#039;s decisions in rejecting the interest amount claimed by the Operational Creditor due to lack of evidence and dismissed the application as filed beyond the appeal period. The Tribunal also found no grounds to interfere with the Liquidator&#039;s actions regarding expenses, property rights, pursuit of Guarantors&#039; properties, and handling of directors&#039; alleged theft of company records. Additionally, the Liquidator&#039;s rejection of the interest claim based on MSME status and invoices was upheld, and an application filed beyond the 14-day period under Section 42 of the IBC was dismissed as untimely.</description>
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