Supreme Court · 2009 INSC 207 · Decided 18 February 2009
M/S. Rampur Fertiliser LTD. v. M/S. Vigyan Chemicals Industries
- Court
- Supreme Court of India
- Citation
- 2009 INSC 207 · [2009] 2 S.C.R. 650
- Case number
- CIVIL APPEAL No. 1101/2009
- Decided
- 18 February 2009
- Bench
- S.B. SINHA, MUKUNDAKAM SHARMA (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- CPC Section 34
Headnote
Interest on Delayed Payments to Small Scale and Ancillary Industrial Undertakings Act, 1993: Applicability of the '1 Act - The Act came into effect on 23. 9. 1992 - Suit filed on c 31.10.1991 - Held: The 1993 Act not applicable as cause of action took place prior to 23. 9. 1992 - to rate of interest in accordance with the provisions of s. 34 i- CPC and not in accordance with 1993 Act - Code of Civil Procedure, 1908 - s. 34. D Respondent supplied goods to the appellant. Appellant· failed to pay the bill amount. Respondent filed suit on 31.10.1991 clairr.ing the
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