Operational debt - claim of interest on the basis of terms ...

Interest Claim Invalid Without Agreement, No Basis for 24% Demand in Insolvency Application.

May 8, 2019

Case Laws Insolvency and Bankruptcy Tri

Operational debt - claim of interest on the basis of terms mentioned in the Invoice - Especially when the applicant has not entered into any agreement regarding payment of interest, claim of the applicant for 24% interest per annum does not hold valid ground to file the instant application.

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Operational debt - claim of interest on the basis of terms ...

Interest Claim Invalid Without Agreement, No Basis for 24% Demand in Insolvency Application.

May 8, 2019

Case Laws Insolvency and Bankruptcy Tri

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