Applicant's Status as Financial Creditor Denied: No Interest on Loan in Balance Sheet Entries for CIRP Initiation.

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....Initiation of CIRP - Financial Creditors - For an applicant to be a financial creditor, a debt along with interest should be disbursed against the consideration time value of money, whereas in the present case the entries in the balance sheets by which the acknowledgment of debt claimed to be in limitation, do not show any interest accruing on the claimed loan amount- AT....