In Union Bank of India's case (supra) in order to distinguish the reasonings of the decision of House of Lords in Paton's case (supra), which virtually is the base of the view taken in Delhi, Punjab and Haryana, Madras and Gauhati High Courts in the above referred decisions in Syndicate Bank's case, Scheduled Caste Co-op.'s case, Sigappiachi's case and United Bank of India's case, respectively, and those of High Court of Orissa in Indian Bank v. Kamalaya Cloth Store, AIR 1991 Orissa 44, Allahabad High Court in Jafar Hussain's case (supra) and Kalyanpur Cold Storage v. Sohan Lal Bajpai, AIR 1990 All 218, reference was made to the object of amendment carried out to Section 34 by 1956 Amendment Act.
In Indian Bank v. Kamalalaya Cloth Store, , the High Court of Orissa has taken the view that interest accrued and added to the principal amount on the date of the suit is the principal for the purpose of section 34 of the Code. The High Court of Allahabad has been taking a similar view since 1937.