Section 8 in THE PAYMENT OF GRATUITY ACT, 1972 [Entire Act]
amount to the Collector, who shall recover the same, together with compound interest thereon [at such rate as the Central Government may, by notification, specify
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1 - 10 of 106621 (7.13 seconds)Central Bank Of India vs Ravindra And Ors on 18 October, 2001
Bangalore Develop-ment
Authority. Interest at the rate of 16.5% per annum, with quarterly rests,
was charged. Interest, penal interest and service charges were debited ... charge simple interest at a reasonable rate on all overdrafts. An
unusual rate of interest, interest with periodical rests, or compound
interest can only
Section 7 in The Public Premises (Eviction Of Unauthorised Occupants) Act, 1971 [Entire Act]
case may be, damages shall be payable together with compound interest at such rate as may be prescribed, not being a rate exceeding the current
Section 16 in The Micro, Small And Medium Enterprises Development Act, 2006 [Entire Act]
Enterprises Development Act, 2006
16. Date from which and rate at which interest is payable.—
Where any buyer fails to make payment of the amount ... time being in force, be liable to pay compound interest with monthly rests to the supplier on that amount from the appointed
State Of Haryana & Ors vs M/S S.L.Arora & Company on 29 January, 2010
compound
interest or interest upon interest.
10. Section 3 of the Interest Act, 1978 enables the courts and arbitral
tribunals to award interest from ... provision for interest upon interest in the
contract, the arbitral tribunals do not have the power to award interest upon
interest, or compound interest, either
M/S Hyder Consulting(Uk) Ltd vs Governer State Of Orissa Tr.Chief Eng on 25 November, 2014
provision for
interest upon interest in the contract, the arbitral tribunals do not have
the power to award interest upon interest, or compound interest, either ... interest
thereon upto the date of award and future interest thereupon which do not
amount to award on interest on interest as interest awarded
Corporation Bank vs D.S. Godwa on 20 June, 1994
uniformity in the matter
of charging interest on various types of agricultural
advances and although interest is compounded at monthly,
quarterly or half-yearly rests ... charge simple interest at a
reasonable rate on all overdrafts. An unusual rate of
interest, interest with periodical rests, or compound
interest can only
M/S Pt. Munshi Ram & Associates (P) Ltd vs Dda on 22 July, 2010
interest. Future
interest was capable of being awarded also on
the amount of pre-suit interest -- adjudged as
such, that is, away from such interest ... court of its pre-amendment power to award
interest on interest i.e. interest on interest
adjudged as such. The amendment cannot be
read
Section 3 in The Usurious Loans Act, 1918 [Entire Act]
creditor at the date of the loan. (b) In considering whether interest is excessive under this section, the Court shall take into account any amounts ... inquiries, fines, bonuses, premia, renewals or any other charges, and if compound interest is charged, the periods at which it is calculated, and the total
Small Scale Industrial Manufactures ... vs Union Of India on 23 March, 2021
parts, namely, (1) waiver of compound
interest/interest on interest during the moratorium period; (2)
waiver of total interest during the moratorium period; (3)
extension ... interest/penal interest/compound interest. It is submitted that
there shall not be any interest on interest/penal
interest/compound interest charged for and during