IBCArticle·25 July 2026
Interest Counts towards Threshold
By J the App
Executive Summary
The National Company Law Appellate Tribunal (NCLAT)allowed an appeal filed by a financial creditor and held that the Adjudicating Authority erred in excluding the interest component while determining the default under Section 7 of the Insolvency and Bankruptcy Code, 2016.
Domain | Regulatory | IBC
Background
The appellant, Wild Dreams...
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