MOCKETT
Periakaruppan Chettiar – Appellant
Versus
A. L. V. R. S. T. Veerappa Chettiar – Respondent
Mockett, J.
1. The judgment-debtor is the appellant and the decree-holder is the respondent. The amount concerned is Rs. 1,809-1-8. An amount of Rs. 9,681-13-9 was paid into Court in pursuance of an order of the High Court on the 9th August, 1,937. By making that payment the judgment-debtor obtained a stay of execution. It is contended by the appellant-judgment-debtor that from that day, namely, the 9th August, 1937, interest should cease to run in favour of the decree-holder; and if that is so there will be a reduction in the amount now claimed of Rs. 1,809-1-8 being the difference between Rs. 11,981-0-r for which amount the judgment-debtor claimed credit and the sum of Rs. 10,171-14-9 for which he was actually given credit by the decree-holder.
2. The short point before us is this : Does interest cease to run from the date of payment in, as contended by the appellant? There is no specific provision of law on the point. Order 24, Rules 1 to 3 of the Civil Procedure Code deals with payments in satisfaction which imply an admission of liability. In that case it is provided by Rules 2 and 3 that notice should be given to the plaintiff and after notice interest should not run ag
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