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Tag Archive for "nclt-bench-mumbai" -

CentrikBlogsNCLT Bench Mumbai

Tag: NCLT Bench Mumbai

Claim amount towards interest on loan alone cannot be termed as Operational Debt

Posted by Shriya.mehtaPosted on February 29, 20200 CommentsCategories Insolvency & Bankruptcy Code 2016Tags Best Insolvency Professionals in Mumbai, Claim amount of interest on loan, File an appeal to NCLT, initiate CIRP against the corporate debtor, Insolvency Professionals in Mumbai, interest on delayed payment, NCLT Bench Mumbai, NCLT Mumbai, operation debtor under IBC, Operational debt under IBC in India, rejected petition under NCLT Bench

A pre-existing dispute towards interest on the delayed payments before the issuance of the demand notice and that the alleged claim amount towards interest on loan alone, cannot be termed as an “Operational Debt”.

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