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M/S. Shree Bharat Laxmi Wool Store, ... vs Punjab National Bank And Another on 28 November, 1991

"In the instant case the suit was filed on April 20, 1972. The amendment of Section 34 referred to above, therefore, clearly is not applicable. The Court is required to allow proper rate of interest under the unamended Section 34. As we have seen earlier Section 34 has two parts, first part covering the period from the date of suit till the date of decree and second covering the period from the date of decree till the date of payment. We are concerned only with the second part. The trial court has awarded interest more than 6 per cent under the unamended provisions for the period from the date of decree till payments. The High Court appears to have not noticed the non-applicability of the amendment to suits filed prior to the amendment."
Supreme Court of India Cites 2 - Cited by 7 - K J Shetty - Full Document
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