Judgments - Interest
BIKRAM CHATTERJI & ORS. VERSUS UNION OF INDIA & ORS. - 07/11/2022
MR HANS RAM CHANDAWAT VERSUS UNION OF INDIA & ORS.
NIRANJAN LAL VERSUS UNION OF INDIA & ORS
UNION OF INDIA VERSUS MANRAJ ENTERPRISES
ICICI BANK VERSUS KANTA MALHOTRA & ANR
Ram Bilash Singh Vs. The State of Bihar and Ors
AADINATH INDIA PVT. LTD VERSUS COMMISSIONER OF TRADE AND TAXES & ANR
UNION OF INDIA AND ORS VERSUS MADAN LAL
State of Madhya Pradesh & others Vs. Jagdeo Singh
Law Laid Down - Non-payment of some retiral dues on account of pendency of the revision against an order of acquittal of the writ-petitioner cannot be said to be a contumacious act on behalf of the State to deprive the writ-petitioner of his retiral dues. It was an action possible in law. However, since there is some delay, interest @6% per annum is ordered to be paid on the retiral dues to settle the equities between the parties. - Supreme Court Full Judgment
State of Madhya Pradesh & others Vs. Ramlal Mahobia
Law Laid Down - The question of award of interest by the writ court is not controlled or regulated by Section 34 of the Code of Civil Procedure, 1908. It is the Interest Act, 1978, which empowers the Court to allow interest but at the rate not exceeding the current rate of interest in terms of Section 2(b) of the said Act. After discharging duties as an employee, it is the right of the employee to get salary; therefore, if the salary Full Judgment
The General Manager and another Vs. M/s Raisingh and Company
Law Laid Down - The extension in time does not extend the period of completion of the agreement. It only permits the Contractor to complete works subject to payment of liquidated damages, as agreed to. Liquidated damages are claimed on account of breach of the contract and such amount cannot be said to be unreasonable or is by way of penalty. In absence of any allegation that the Award passed by the Arbitrator is against the public policy, liquidated damages imposed in Full Judgment
DEVILAL S/O BHAGIRATH Vs. M. P. STATE
UNION OF INDIA Vs. M/S AMBIKA CONSTRUCION
The issue involved in the reference is in regard to the power of the Arbitrator to award pendente lite interest when contract contains bar for grant of interest in a case covered by the Arbitration Act, 1940 Thus, our answer to the reference is that if contract expressly bars award of interest pendente lite, the same cannot be awarded by the Arbitrator. We also make Full Judgment
RAKESH MAYOR & ANOTHER Vs M/S VIGNESHWARA DEVELOPERS PVT.LTD. & OTHERS
UNION OF INDIA Vs. M/S BRIGHT POWER PROJECTS(I) P.LTD.
When parties to the contract had agreed to the fact that interest would not be awarded on the amount payable to the contractor under the contract, in our opinion, they were bound by their understanding. Having once agreed that the contractor would not claim Full Judgment
JITENDRA KHIMSHANKAR TRIVEDI & ORS. Vs. KASAM DAUD KUMBHAR & ORS.
Even assuming Jayvantiben Jitendra Trivedi was not self- employed doing embroidery and tailoring work, the fact remains that she was a housewife and a home maker. It is hard to monetize the domestic work done by a house-mother. The services of the mother/wife is available 24 hours and her duties are never fixed. Courts have Full Judgment