Showing : 81-90 of 121 Results

KARNATAKA HIGH COURT
Year of decision: 2000
Details
Negotiable Instruments Act, 1881, Section 138-- Notice - Demand is to be of cheque amount - Where in addition to payment of cheque amount drawee has also demanded payment of balance of principal amount of loan and up-to-date interest and the amounts are severable, notice cannot be held invalid...........
PUNJAB AND HARYANA HIGH COURT
Year of decision: 1999
Details
Civil Procedure Code, 1908, Section 34-- Interest - Agreement to sell - Suit for recovery of earnest money - Interest at the rate of 12% per annum from the date of agreement till the date of filing of suit and 6% per annum from the date of suit till recovery of the amount on the principal amount - Held, award of interest is in conformity..........
DELHI HIGH COURT
Year of decision: 1999
Details
Interest Act, 1978, Section 2, 3-- Interest - In the absence of a contract plaintiff is entitled to interest at the current rate which means highest rate which may be paid on different classes of deposits by the Schedule Banks in accordance with the directions issued to the banking companies generally, by the Reserve Bank of India..........
BOMBAY HIGH COURT
Year of decision: 1999
Details
Civil Procedure Code, 1908, Section 34-- Interest - To be calculated on the principal sum only and not the principal sum plus interest accrued till the filing of the suit...........
SUPREME COURT OF INDIA
Year of decision: 1999
Details
Civil Procedure Code, 1908, Order 21, Rule 1-- Decree - Payment - Appropriation - Such an amount is to be adjusted firstly strictly in accordance with the directions contained in the decree - In the absence of such direction, adjustments, be made firstly in payment of interest and costs and thereafter in payment of principal amount - This..........
SUPREME COURT OF INDIA
Year of decision: 1999
Details
Contract Act, 1872, Section 59, 60, Civil Procedure Code, 1908, Order 21, Rule 1-- The provisions of Sections 59 to 61 of the Contract Act are applicable in cases where a debtor owes several distinct debts to one person and do not deal with cases in which the principal and interest are due on a single debt...........
ANDHRA PRADESH HIGH COURT
Year of decision: 1998
Details
Contract Act, 1872, Section 128-- Surety - Liability - Liability of surety is co-extensive with that of principal debtor unless provided otherwise by contract - Guarantors jointly and severally liable with principal borrower not only for principal amount but also for interest and other charges as per guarantee Bond - Decreeing..........
KARNATAKA HIGH COURT
Year of decision: 1998
Details
Contract Act, 1872, Section 128, 137, 145, Civil Procedure Code, 1908, Order 1, Rule 10, Civil Procedure Code, 1908, Order 22, Rule 4-- Suit against a dead person - Suit for recovery of loan against principal debtor and surety - Suit against principal debtor was found void ab initio as he had died even before institution of suit - Liability of surety is not discharged and suit can proceed against surety - It is in interest of..........
PUNJAB AND HARAYANA HIGH COURT
Year of decision: 1998
Details
Civil Procedure Code, 1908, Section 34-- Liability to pay interest - Suit decreed not only for principal amount but also for interest prior to filing of suit - Decree silent while granting interest at 6% from date of institution of suit till date of realisation - Not specifying as to on what amount interest is payable - Interest in view..........
PUNJAB AND HARAYANA HIGH COURT
Year of decision: 1998
Details
Civil Procedure Code, 1908, Section 34-- Commercial transaction - Award of interest on amount of principal plus interest upto date of filing suit - Justified...........

Showing : 81-90 of 121 Results