Wednesday, February 27, 2019

Interest rate decided by DRT based upon consent term executed by parties couldn't be challenged by creditors

Securitisation Act: Where during pendency of proceedings under Act, DRT, based on consent terms executed by and between parties, passed order directing defendants to pay interest at certain rate in case of default in payment of amount due, petitioner- creditor could not challenge such rate of interest

from www.taxmann.com Latest Case Laws https://ift.tt/2T5l78s

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...