Where petitioner bank assigned all its rights and interest in financing documents related to borrower of petitioner to respondent company and respondent was entitled to interest on event of delay by petitioner in making payments, since there was no delay caused by petitioner in passing on recovered monies to respondent for which petitioner was to be made liable for interest, findings of Arbitrator disentitling respondent of any interest was correct and in accordance with law – Axis Bank Ltd. v. UV Assets Reconstruction Co. – [2024] 160 taxmann.com 3 (Delhi)
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