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    <title>2002 (4) TMI 63 - SC Order</title>
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    <description>A company&#039;s objection to paying interest on the ground that it was before the BIFR and that the claim should be governed by the scheme under the relevant Act was rejected. The earlier court order directing payment of interest was treated as having been made with the company&#039;s BIFR status in view, so the subsisting direction remained binding. The company was therefore required to comply with the earlier order to pay interest, and the application for a direction to pay interest was allowed.</description>
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    <pubDate>Fri, 19 Apr 2002 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=46228</link>
      <description>A company&#039;s objection to paying interest on the ground that it was before the BIFR and that the claim should be governed by the scheme under the relevant Act was rejected. The earlier court order directing payment of interest was treated as having been made with the company&#039;s BIFR status in view, so the subsisting direction remained binding. The company was therefore required to comply with the earlier order to pay interest, and the application for a direction to pay interest was allowed.</description>
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      <pubDate>Fri, 19 Apr 2002 00:00:00 +0530</pubDate>
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