SHILPA SANEI Vs. DURGAPUR STEELS LIMITED

JUDGEMENT

(1.) THIS Appeal was heard analogously with A.P.O. No. 318 of 2013, which involves common question of law and fact.

(2.) IN A.P.O. No. 318 of 2013 we have already directed the company in liquidation to pay interest at the rate of 10% per annum to the supporting creditor on the Principal amount which is in the present case a sum of Rs.1,75,00,000/ - (One Crore Seventy Five Lakhs) only.

(3.) ACCORDINGLY , we direct the company in liquidation to make payment of interest at the rate of 10% per annum to the supporting creditor on the said amount within a period of 3 (three) months from communication of this Order.