<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Court Rules CIRP Application Invalid Due to Disputed Interest Claim; Only Proper Jurisdiction Can Resolve the Issue.</title>
    <link>https://www.taxtmi.com/highlights?id=61512</link>
    <description>Maintainability of application - initiation of CIRP - The Adjudicating Authority has also recorded finding that claim for interest on the delayed payment is a disputed fact by the Corporate Debtor and it can only be adjudicated by a court of competent jurisdiction. The claim of interest being disputed, no error has been committed by the Adjudicating Authority in rejecting the Application under Section 9 of the Code. - AT</description>
    <language>en-us</language>
    <pubDate>Wed, 19 Jan 2022 12:33:42 +0530</pubDate>
    <lastBuildDate>Wed, 19 Jan 2022 12:33:42 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=667636" rel="self" type="application/rss+xml"/>
    <item>
      <title>Court Rules CIRP Application Invalid Due to Disputed Interest Claim; Only Proper Jurisdiction Can Resolve the Issue.</title>
      <link>https://www.taxtmi.com/highlights?id=61512</link>
      <description>Maintainability of application - initiation of CIRP - The Adjudicating Authority has also recorded finding that claim for interest on the delayed payment is a disputed fact by the Corporate Debtor and it can only be adjudicated by a court of competent jurisdiction. The claim of interest being disputed, no error has been committed by the Adjudicating Authority in rejecting the Application under Section 9 of the Code. - AT</description>
      <category>Highlights</category>
      <law>Insolvency and Bankruptcy</law>
      <pubDate>Wed, 19 Jan 2022 12:33:42 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=61512</guid>
    </item>
  </channel>
</rss>