A planet could orbit a black hole like in interstellar, but I don't think time would be dilated on the planet. Time really wouldn't be dilated until you get very close to the black hole. I'm talking in generalities, I'm not really sure how far that distance would be. A planet orbiting a black hole wouldn't receive any heat or sunlight from the black hole, so I would imagine it would just be a cold world, not really hospitable to life.