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Section 34 CPC

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Civil Law

I.K. Merchants Pvt. Ltd. vs State Of Rajasthan 2025 INSC 418 - S. 34 CPC - Grant Of Interest- Public Interest

Code of Civil Procedure 1908 - Section 34 -Court to grant interest at three different stages of a money decree viz., (i) the court may award interest on the principal sum claimed at a rate it deems reasonable, for the period before the suit was filed. Such interest is generally
01 Apr 2025 3 min read
Civil Law

Tomorrowland Limited vs Housing and Urban Development Corporation Limited 2025 INSC 207 - S 34 CPC - Award Of Interest - Contract - Equity - Commercial Disputes

Code of Civil Procedure 1908 - Section 34 - The award of interest is a discretionary exercise steeped in equitable considerations - The power to award interest ought to be exercised judiciously, aligning with equitable considerations and also ensuring neither undue enrichment nor unfair deprivation. Courts are duty-bound to assess
13 Feb 2025 1 min read
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