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ANDHRA PRADESH HIGH COURT
Year of decision: 2010
Details
Interest Act, 1978, Section 3(3)(c)-- Interest on interest - Plaintiff entitled to interest at 18% throughout i.e. from the date of contract till realization - Suit filed for principal amount plus interest thereon - Held, rate of interest of 18% is to be calculated on the principal amount and not on the suit amount...........
ANDHRA PRADESH HIGH COURT
Year of decision: 2010
Details
Civil Procedure Code, 1908, Order 21, Rule 1-- Execution - Rule of appropriation - In absence of directions in the decree, D.H. is entitled to apply to the rule of appropriation by appropriating the amount first towards interest, then towards cost and then towards principal amount due under the decree - On such appropriation, if the part..........

Showing : 1-2 of 2 Results