Interest Not Mentioned In Invoices Or Civil Court Decree, Can't Add To Reach Threshold Limit: NCLT

The National Company Law Tribunal (NCLT) Delhi addressed issues related to interest invoices and civil court decrees. It clarified that for an invoice to be considered in insolvency proceedings, it must be supported by a civil court decree when there is a dispute over the amount. The tribunal emphasized that claims should align with the legal framework established under the Insolvency and Bankruptcy Code (IBC), ensuring that only verified claims are admitted for insolvency resolution. This decision highlights the importance of proper documentation and adjudication in insolvency cases.