Mr. Paramjeet Singh, J.: - This judgment will dispose of R.S.A. No. 310 of 1988 and Cross Objections No. 23-C of 1988 which arise from the judgment and decree dated 23.09.1987 passed by learned Additional District Judge, Amritsar.

2. This second appeal has arisen out of a suit for recovery of Rs.36021-01 paisa brought by the appellant-plaintiff-Punjab National Bank through its Manager. The Court of first instance decreed the suit for recovery of Rs. 36021-01 paisa with pendente-lite and future simple interest at the rate of 12% per annum on the principal amount with costs. The defendants were held jointly as well as severally liable to pay the decretal amount. Against that, respondents-defendants preferred an appeal before the District Judge which was entrusted to the learned Additional District Judge, Amritsar. Learned Additional District Judge, Amritsar modified the decree by observing as under:-

“The trial Court while passing the decree did not keep in mind that the principal outstanding amount had to be worked out again on the basis of 12% P.A. simple interest and the amount of penal interest charged had to be deducted therefrom. Under the circumstances the above recti