Search Results for "Interest Rate"

23 result(s) found

Scroll Down To Discover

Found 23 result(s)

© Image Copyrights Juris Services & Technology

Bombay High Court Revises Mesne Profits and Interest in Dispute Between Forbes Gokak Ltd. and BPCL. Court fixes quantum of mesne profits while reducing interest rate in long-standing tenancy dispute.

The dispute between M/s. Forbes Gokak Ltd. (landlord) and Bharat Petroleum Corporation Limited (BPCL) (tenant) regarding mesne profits and interest af...

© Image Copyrights Juris Services & Technology

Supreme Court Restores Mortgage Decree with Reduced Interest Rate in A. B. Govardhan v. P. Ragothaman. In a pivotal judgment, the Supreme Court reinstates a lower court's mortgage decree, modifying the interest rate while emphasizing the validity of the mortgage agreement.

The Supreme Court of India, in the case of A. B. Govardhan v. P. Ragothaman, overturned the decision of the Division Bench of the Madras High Court, ...

© Image Copyrights Juris Services & Technology

Supreme Court Reverses Acquittal in Cheque Bounce Case, Upholds Conviction. High Court and Appellate Court Decisions Overturned on Grounds of Legal Enforceability of Debt.

The Supreme Court of India, reversed the High Court's and the Appellate Court's decisions that had acquitted the respondent in a cheque bounce case un...

© Image Copyrights Juris Services & Technology

Supreme Court Overturns Tribunal’s Decision, Enhances Compensation for Motor Accident Claim. Higher Compensation Granted to Victim's Family in Motor Accident Case

The Supreme Court of India granted an appeal from Prem Lal Anand & Ors. against the High Court of Judicature at Allahabad's decision concerning a ...

© Image Copyrights Juris Services & Technology

Consumer Disputes Commission Order Challenged: Court Increases Interest on Refund for Delayed Flat Possession. Appeal Results in Enhanced Interest Rate from 9% to 12% for Complainants Against Parsvnath Developers Limited

This appeal challenges the order dated 29th September 2022, passed by the National Consumer Disputes Redressal Commission, New Delhi, which directed t...

© Image Copyrights Juris Services & Technology

Court Rejects SBI's Plea to Dismiss Commercial Suit for Fixed Deposit Fraud. Suit to Recover Rs. 36 Crores from SBI Proceeds Under Commercial Courts Act, Despite Allegations of Fraud by Bank Manager

A legal order from a commercial court addressing an application filed by the State Bank of India (SBI) to reject a plaint under Order VII Rule 11 of t...

© Image Copyrights Juris Services & Technology

Taxation Provisions: Section 17(2)(viii) and Rule 3(7)(i) of Income Tax Act. Navigating the Boundaries of Legislative Delegation and Ensuring Equity in Taxation

Income Tax Act, 1961 - Sections 17(2)(viii) and Rule 3(7)(i) - Constitutionality - Taxation of Fringe Benefits or Amenities - Essential Legislative Fu...

© Image Copyrights Juris Services & Technology

Supreme Court on Industrial Sickness and Compound Interest. The Supreme Court addresses the interplay of the Sick Industrial Companies Act (SICA) and compound interest claims in a case involving HDPE bag supply and payment disputes.

Applicability of Section 22(1) of the Sick Industrial Companies Act, 1985 (SICA) – Whether the bar on legal proceedings under Section 22 applies t...

© Image Copyrights Juris Services & Technology

Supreme Court Upholds Setting Aside of Auction Sale Due to Non-Compliance by Bank. Failure to Follow Mandatory 30-Day Notice Under SARFAESI Rules Leads to Auction Sale Cancellation.

The Supreme Court upheld the setting aside of an auction sale due to the Bank's failure to follow the statutory requirement of a 30-day notice under R...