
1. UNION OF INDIA VS SHRI BANI LAL - 20 Nov 03
Act r/w Section 5 thereof — Civil Procedure Code, 1908, Section 34 — Interest Act, 1978, Sections 2(a), 3 and 5. ... Railways Act, 1989 - Section 127 — Compensation — Interest — Jurisdiction of Railway Claims Tribunal — Death of bona fide passenger ... due to untoward incident — Award of compensation by Tribunal to claimants/ dependents of deceased together with pendente lite interest ... 34 of the CPC. ... was required to order for interest under Section 34 of the CPC but while awarding interest, the tribunal has to take into consideration ... to award interest under Section 3 of the Interest Act.
India - Delhi
2. Federal Bank Ltd. VS Venus Knitting Industries and Ors. - 15 Feb 07
Tribunal has discretionary power to grant interest.
of Civil Procedure, 1908—Sections 34, 52—Interest—Three stages when interest can be claimed: (a) from the date of borrowing ... , 1908—Sections 34, 52—Interest pendente lite period—Suit for recovery of amount together with interest with quarterly rests—On date ... 1908—Sections 34, 52—Interest—Tribunal has discretionary power to grant interest as provided under Section 19(20) of RDDB and FI ... under Section 32 of the said Act, future interest from the of filing of the petition till the entire amount paid to be allowed, and ... On the contrary, it is the contention of the learned Advocate for the respondent, that the Civil Court did not grant interest for ... of Civil Procedure Code also.
India - Dishonour Of Cheque
3. Sundaravel Industries VS Sorna Agencies and another - 10 Jul 91
Interest if and when can be awarded.
Interest Act, 1939-Section 3(3)(c)-Code of Civil Procedure, 1908-Section 34-Interest on interest prior to filing of suit-Held, seller ... entitled to interest subsequent to date of decree till date of registration. ... erroneously under Sec.34, C.P.C., contrary to provisions of Sec.3(3)(c) of Interest Act Sec.34(1), C.P.C., reads as follows: “ 34 ... provisions of Rule 2 or O.2 of the Fifth Schedule to the Code of Civil Procedure, 1908; (c) shall empower the court to award interest ... I have already extracted provisions of Sec3(3)(c) of the Interest Act (Central Act 14 of
India - Madras
4. SYNDICATE BANK, JAYANAGAR MAIN BRANCH, BANGALORE VS SEENU TRADERS, BANGALORE - 21 Jan 98
Interest Act, 1978-Section 3-Civil Procedure Code, 1908-Section 34-Agreement regarding payment of interest-suit for recovery of business ... loan filed-creditor also claiming interest-Court has to allow interest at appropriate rate from the date of demand till date of ... filing of the suit-if suit is decreed future interest from date of institution of the suit till the date of payment. ... been awarded from the date of the suit onwards till the date of payment at the rate of 18 per cent under Section 34 of the CPC, ... under the Interest Act. ... , Interest Act may apply.
India - Karnataka
5. Sundaravel Industries VS Sorna Agencies and another - 10 Jul 91
Interest if and when can be awarded.
Interest Act, 1939-Section 3(3)(c)-Code of Civil Procedure, 1908-Section 34-Interest on interest prior to filing of suit-Held, seller ... entitled to interest subsequent to date of decree till date of registration. ... erroneously under Sec.34, C.P.C., contrary to provisions of Sec.3(3)(c) of Interest Act Sec.34(1), C.P.C., reads as follows: “ 34 ... provisions of Rule 2 or O.2 of the Fifth Schedule to the Code of Civil Procedure, 1908; (c) shall empower the court to award interest ... I have already extracted provisions of Sec3(3)(c) of the Interest Act (Central Act 14 of
India - Madras
6. Ramahari Behera VS Union of India - 28 Jul 08
CIVIL PROCEDURE CODE, 1908 - Sec. 34 - Railway Claims Tribunal Act, 1987 - Railway accident - Compensation - Payment of interest ... - Award of interest - No prohibition either in the Railway Act or Railways Claims Tribunal Act to award the interest on the compensation ... RAILWAY CLAIMS TRIBUNAL ACT, 1987 - Sec. 23(1) - Civil Procedure Code - Sec. 34 - Railway accident - Tribunal awarded compensation ... As there is no prohibition either in the Railways Act or Railway Claims Tribunal Act to award the interest on the compensation in ... from the date of application till the date of payment (pendente lite interest). ... contained in Section 34 of the C.P.C. and compensation amount and the discretion must be exercised judi¬ciously.
India - Orissa
7. Lalita Prasad Shyam Sunder Shukla . . . VS Central Bank Of India - 14 Feb 96
34 - rate of interest - cannot exceed 6% per annum from date of decree. ... ... (3) Civil procedure code, 1908 -- S. 34 (1 ... ) - interest anterior the date of suit settled by parties - Court need not exercise jurisdiction. ... For the rate of interest, first clause of section 34, Civil Procedure Code would be attracted and future interest cannot exceed six ... Section 34 of the Code of Civil Procedure provides for 'interest' and the same is extracted as below ... The word 'future interest' is not mentioned in section 34 but the words 'principal sum adjudged
India - Madhya Pradesh
8. Punjab National Bank VS S. S. Agro Enterprises - 25 Aug 10
No rate of interest can be made a rule of thumb.
I am of the considered view that the appellant is entitled to get the pendente lite and future interest ... The first grievance of the counsel for the appellant Bank is that the O.A. was filed on 17.9.2004 but no pendente lite and future interest
India - Dishonour Of Cheque
9. Behari Lal Sharma VS Union of India and Anr - 16 Jan 12
34 – If the interest @9% is not paid within 1 month then it will become 12% p.a. – Interest @ 9% should ... Civil Procedure Code – S. ... be paid to the petitioner from the date of decree to the date of payment – 12% interest is available from the date of award to the ... This is the mandate of the Section 34 of the Code of Civil Procedure as also Section 29 ... CIVIL REVISION PETITION No. 34/2005 ... of the Act of 1940 and therein, the Court is empowered to award interest from the date of decree.
India - Rajasthan
10. Bombay Glass Blowing Industries VS Bio Vaccines Private Limited - 25 Nov 97
Sale of Goods Act, 1930 - Section 61(2)(a) ; Civil Procedure Code, 1908 - Section 34 ; Interest Act, 1978 - Section 3 - Interest ... The aforementioned provisions of Sale of Goods Act, the Interest Act as also Section 34 of the Code of Civil Procedure, refer to ... It is further held that Section 61 (2) (a) of the Sale of Goods Act gives discretion to the Civil Court to award interest in the ... , the Interest Act as also Section 34 of the Code of Civil Procedure, refer to the discretion of the Civil Court to award interest ... gives discretion to the Civil Court to award interest in the absence of stipulation of interest in the contract, mat too in a suit ... (Act 14 of 1978) cannot be invoked in winding up proceedings for establishing claim for interest.
India - Andhra