High Court of Karnataka Upholds 12% Interest Rate on Fixed Deposit After Maturity in Co-operative Society Dispute. Court holds that in absence of contractual rate, interest under Section 34 CPC is applicable, rejecting both 6% and 17% claims....
The case involves two appeals arising from a common order of a learned single Judge of the Karnataka High Court regarding the rate of interest payable on a fixed deposit after its maturity. The appell...




