Supreme Court · 2001 INSC 520 · Decided 18 October 2001
Central Bank of India v. Ravindra and ORS.
- Court
- Supreme Court of India
- Citation
- 2001 INSC 520 · [2001] SUPP. 4 S.C.R. 323
- Case number
- SPECIAL LEAVE PETITION (CIVIL) No. 2421/1993
- Decided
- 18 October 2001
- Bench
- A.S. ANAND, K.T. THOMAS, R.C. LAHOTI, N. SANTOSH HEGDE, S.N. VARIAVA (5-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- CPC Section 34, 34(1)
Headnote
Code of Civil Procedure, 1908: Section 34 [as amended by the Code of Civil Procedure (Amendment) Act (66 of 1956) w.ej. 1.1.1957] Recovery of money-Suits for-By Banking Institutions against their borrowers-" Principal sum adjudged" and "such principal sum" -Bank sanc­ tuted suit for recovery of money-Trial court decreed suit for the total outstand- A B c D ing amount inclusive of interest on the date of institution of suit with 8% future interest per annum-On appeal, High Court directed interest at 11% per annum to be payable only on the principal sum from
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