Search Results for "interest till realization"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court Dismisses Writ Petition Challenging Concurrent Findings in Sui...
Supreme Court Hears Appeals Against Madras High Court’s Setting Aside of Alien...
Supreme Court Hears Appeals on Permanent Establishment of Formula One World Cham...

Search Results for "interest till realization"

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High Court

High Court of Karnataka Upholds Compensation in Motor Accident Claim Despite Absence of Driving License Evidence — Insurance Company Liable to Pay and Recover from Owner. The Court directed the Insurance Company to pay the awarded compensation to the claimants and then recover the same from the owner of the vehicle under Section 149(2) of the Motor Vehicles Act, 1988.

1 Jun 2026

The appeal was filed by United India Insurance Co. Ltd. challenging the award dated 16.02.2018 passed by the XV Additional Small Causes Judge & Member...

Supreme Court

Supreme Court Upholds Enhanced Share Valuation, Awards Interest at 6% Pre-Decree and 9% Post-Decree in Decades-Old Dispute. Balancing Equity and Commercial Realities: SC Modifies Interest Rates in Rajasthan State Mines Share Acquisition Case

1 Apr 2025

Valuation of Shares – The Supreme Court affirmed the High Court’s valuation of shares at ₹640 per share, rejecting the State’s objections. Th...

High Court

Bombay High Court Allows Decree-Holder's Petition in Execution Proceedings — Interest Must Be Calculated Till Realization as Per Decree Terms. Court Holds That Executing Court Cannot Modify Decree by Restricting Interest to Date of Counter-Claim or Deducting Reciprocal Amount from Principal Before Interest Calculation.

6 Dec 2024

The petitioner, Sharadchandra Ramkrishna Deshmukh (since deceased through his heirs), was the decree-holder in Special Civil Suit No. 419 of 2000 file...

Supreme Court

Supreme Court Clarifies Deduction of Broken Period Interest for Banks Treating Securities as Stock-in-TradeDeduction Allowed as Revenue Expenditure for Banks Holding Securities as Stock-in-Trade

16 Oct 2024

The Supreme Court addressed the treatment of broken period interest for tax purposes. The issue centered on whether broken period interest could be de...

Supreme Court

Supreme Court Partially Allows Appeal in Recovery Suit Against Sick Industrial Company — Suspension of Proceedings Under Section 22(1) of SICA Does Not Bar Suit for Unadmitted Debt. High Court's Grant of 24% Compound Interest Reduced to 12% Simple Interest.

29 Apr 2024

The case involves a dispute between Fertilizer Corporation of India Ltd. (FCIL), a public sector undertaking, and M/s Coromandal Sacks Private Limited...

High Court

Bombay High Court Allows Appeal in Motor Accident Claim Case — Interest Awarded from Date of Filing Petition Instead of Date of Award. Claimants entitled to interest on compensation from the date of filing claim petition under Section 166 of Motor Vehicles Act, 1988, as per settled law.

24 Jul 2020

The case arises from a motor accident claim petition filed under Section 166 of the Motor Vehicles Act, 1988, by the appellants/claimants, who are the...

Supreme Court

Supreme Court Allows Appeals in Part, Holds Interest on Delayed Payments Act, 1993 Applicable to Contracts Entered Before Its Commencement for Delays Occurring After 23.09.1992. The Court ruled that the Act is retroactive and applies to all payments made after its commencement, and that a suit for interest alone is maintainable.

23 Jan 2019

The Supreme Court considered appeals arising from a common judgment of the Gauhati High Court which had set aside trial court decrees in favor of supp...

High Court

High Court of Karnataka Dismisses Review Petition in Securities Arbitration Case — Interest Award Not an Error Apparent on Face of Record. Review under Section 114 CPC read with Order XLVII Rule 1 CPC is not an appeal; mere disagreement with the judgment is not a ground for review.

23 Nov 2018

The review petition was filed by Kotak Securities Ltd. seeking review of the judgment dated 22.02.2013 passed by the High Court of Karnataka in RFA No...

High Court

High Court of Karnataka Dismisses Writ Petition by Government Undertaking Challenging Execution Court Order on Interest Calculation in Arbitral Award Enforcement. Court upholds execution court's acceptance of decree holder's memo of calculation, rejecting judgment debtor's objections regarding interest computation under Section 34 of CPC.

4 Apr 2017

The petitioners, Karnataka Neeravari Nigam Ltd. and its Executive Engineer, a Government of Karnataka undertaking, had engaged the respondent, M/s. Sh...

Supreme Court

Supreme Court Considers Appeal Against High Court Judgment Dismissing Challenge to Arbitral Award in Bill Discounting Dispute — Contractual Interest Rate of 36% Per Annum with Monthly Rests Upheld. High Court's Upholding of Arbitral Award on Interest Rate Based on Mutual Agreement Between Commercial Parties and Not Opposed to Public Policy.

1 Jan 1970

The dispute arose from a bill discounting facility extended by the respondent to a seller (BDDL) and buyer (appellant) of goods. The appellant and BDD...

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