Initiation of CIRP - the outstanding amount is towards interest ...
Case Laws Insolvency and Bankruptcy
August 25, 2020
Initiation of CIRP - the outstanding amount is towards interest on the delayed payments, for which there was a pre-existing dispute, before issuance of demand notice. The alleged claim amount, towards interest on loan alone, cannot be termed as an “Operational Debt‟ - AT
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