TMI Blog2019 (5) TMI 1078X X X X Extracts X X X X X X X X Extracts X X X X ..... ept that learned advocate appearing on its behalf before said co-ordinate Bench on 24th January, 2019 had said, entire amount of ₹ 18,16,927.63P shall be paid to petitioning creditor within 15th February, 2019. This, Court finds, is an admitted debt on interest. As such, the company is liable to be wound-up for not having paid it deeming it unable to pay. List under heading For Orders o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion against the company is admitted for ₹ 78,27,887/- with interest, at the rate of 8% per annum from the date of receipt of the statutory notice dated March 15, 2016 till the date of payment . Mr. Dasgupta, learned advocate appears on behalf of petitioning creditor and submits, interest amounts to a crystalised sum of money which the company has been unable to pay. Hence, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r being made in respect of the company. On query from Court petitioning creditor has not been able to show admission by the company of any settled sum on account of interest at agreed rate except that learned advocate appearing on its behalf before said co-ordinate Bench on 24th January, 2019 had said, entire amount of ₹ 18,16,927.63P shall be paid to petitioning creditor wit ..... X X X X Extracts X X X X X X X X Extracts X X X X
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