Supreme Court · 1991 INSC 319 · Decided 28 November 1991
Shree Bharat Laxmi Wool Store, Panipat and ORS. v. Punjab National Bank and ANR.
- Court
- Supreme Court of India
- Citation
- 1991 INSC 319 · [1991] SUPP. 3 S.C.R. 27
- Case number
- CIVIL APPEAL No. 2488/1982
- Decided
- 28 November 1991
- Bench
- K. JAGANNATHA SHETTY, R.M. SAHAI (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- CPC Section 34
Headnote
Civil Procedure Code, 1908--Section 34-Award ofinierest on decretal sum-Rate of-Institution of suit prior to coming into force of the C.P.C. (Amendment) Act, 1976-Amended provisions applicable-Held interest pay­ able at 6% from the date of decree till payment . . The respondent-bank instituted of Rs. 81,137.39 against the appellants. The suit was. decreed allowing contract_ual rate of interest at 10 1/2 per annum from the date ot' suit till the date of _re~lisation. - B c The appeal against the decree ~as dismissed by m_odifying the . D interest payable~ · ' - - . The High
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)