2024 (5) TMI 1449

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....STICE DIPANKAR DATTA For the Appellant : Mr. Amit Sibal, Sr. Adv. Ms. Neeha Nagpal, Adv. Mr. Malak Bhatt, Adv. Mr. Nikunj Mahajan, Adv. Mr. Raghav Anand, Adv. Mr. Saksham Dhingra, Adv. Mr. Rishabh Sharma, Adv. Mr. Darpan Sachdeva, Adv. Mr. Sriharsh Nahush Bundela, AOR For the Respondent : Mr. Niranjan Reddy, Sr. Adv. Ms. Sanya Sud, AOR Mr. Abhishek Swaroop, Adv. Mr. Aditya Vikram Singh, Adv.....

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....5% per annum. This determination has been made after considering several facts and taking a holistic picture. On the issue of the quantification of the principal amount, relevant paragraphs of the impugned judgment read as under:- "30. One more submissions which was advanced by Shree Ganda was that under the order of the Adjudicating Authority dated 31st May 2019, the debt owed to the ....

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.... present case, we are of the view that the Resolution Professional may re-verify the claim of the ARCIL as per the rate of interest of 14.85% within two weeks and submit it before the CoC as well as the Successful Resolution Applicant who shall prepare an Addendum to be placed before the CoC within a period of two weeks thereafter. The Resolution Professional should compute the claim of the ARCIL ....