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Bombay High Court Allows Second Appeal in Part, Sets Aside Interest Award in Loan Recovery Suit. No Agreement for Interest Existed Between Parties, Hence Interest Cannot Be Awarded Under Section 34 CPC or Interest Act.

The case involves a second appeal filed by the original defendants against a decree for recovery of money. The respondent/plaintiff had filed a suit f...

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Bombay High Court Allows Recovery of Price of Goods Sold and Delivered in Suit for Recovery of Money. Plaintiff supplier entitled to principal amount of Rs.52,747.63 with interest at 6% p.a. from date of suit till realization.

The plaintiff, a supplier of handwoven cotton fabrics, filed a suit for recovery of Rs.66,462.01/- with further interest on the principal amount of Rs...