Madras High Court
Subbaraya Ravuthaminda Nainar vs Ponnusami Nadar And Ors. on 16 November, 1897
Equivalent citations: (1898)ILR 21MAD364
JUDGMENT
1. As to the plea of discharge it is dismissed under our judgment in Subbaraya Ravuthaminda Nainar v. Ponnusami Nadar Appeal No. 48 of 1896 unreported. As to the rate of interest allowed by the Subordinate Judge his decree must be modified by directing that the twelve per cent, per annum, the contract rate, be allowed only for the six months within which payment was ordered by the decree [see our judgment in Subbaraya Ravutha-minda Nainar v. Ponnusami Nadar Appeal No. 13 of 1896 unreported and Surya Narain Sinqh v. Jogendra Narain Roy Chowdhury I.L.R. 20 Cal. 360. Subsequent to that period, the plaintiff is entitled, in our opinion, to interest at six per cent, per annum, and it will be so decreed Poresh Nath Mojumdar v. Ramjodu Mojumdar I.L.R. 16 Cal. 246 and Achalabala Bose v. Surendra Nath Dey I.L.R. 24 Cal. 766. the ruling in Amolak Ram v. Lachmi Narain I.L.R. 19 All. 174 notwithstanding. The parties will bear their own costs.