Civil Procedure Code, 1908, Section 34 -- Interest - Liability arising out of commercial transaction - Rate of interest may exceed 6% per annum and contractual rate of interest can be awarded...........
Marine cargo policy -- Insurance claim - It is settled position that the indemnity cannot exceed the liability beyond the terms of the policy...........
Civil Procedure Code, 1908, Section 34, Interest Act, 1978, Section 2, 3 -- Money decree - Pendente lite and future interest - Liability to pay interest not arising out of commercial transaction - Rate of interest not to exceed 6% per annum -Pendente lite and future interest allowed @ 6% as against 19.5% per annum with quarterly rests allowed by lower appellate Court...........
Himachal Pradesh Land Revenue Act, 1954, Section 163, Punjab Land Revenue Act, 1887, Section 10 -- Encroachment - Liability to fine - Whether land encroached upon jointly or severally- Fine imposed not to exceed Rs. 500/-per bigha in first instance and Rs. 1000/- per bigha in subsequent encroachments - Land encroached upon by more than one person - All persons jointly..........
