petitioner created by deposit of title deeds
without demanding prepayment charges / foreclosure
charges and to issue 'No Objection Certificate' in favour of
AXIS ... prepayment is from the individual
sources, the rate applicable is lower and when the
prepayment is by any another financial institution, the
prepayment charges
expenditure on Interest of Rs. 27,10,63,014/-
and Prepayment Charges of Rs. 8,62,00,000/- by treating it as
capital expenditure
Ground ... incurred the
aforesaid expenditure by way of interest payment and prepayment
charges in respect of loans raised in the sum of Rs. 200 crores from
Cheque bouncing charges and other charges - Rs.2,875.00
Interest for the month - Rs.1,209.00
Prepayment charges @ 5.75% at O/S principal ... Cheque bouncing charges and other charges - Rs.4,025.00
Interest for the month - Rs.431.00
Prepayment charges @ 5.75% at O/S principal
Late Payment penalty (Rs.)
Cheque bouncing charges & Other 1380.00
charges
Interest for the month (Rs.) 632
Prepayment charges ... repayment by defendant.
8. However, plaintiff is not entitled for any prepayment charges
as in the credit facility application form Ex.PW1/3 there
holding that the expenditure incurred during the year towards
prepayment charges for substituting high cost debt for low
cost debt is in the nature ... Whether the Tribunal was right in law in holding
that the prepayment charges is in the nature of interest
incurred during the construction period would
Cheque
bouncing charges and other charges; Rs.1207/ as interest for
the month; Rs.17,754.66 as Prepayment charges and
Rs.18,341/ as Interest ... chartered out for the payment of last
EMI, then only the Prepayment charges is applicable "on the
outstanding amount of the facility or total
Interest for the
month ; Rs. 18,010.86 as Prepayment charges and Rs.
95,976.00 as Interest on pending installment, totaling ... chartered out for the payment of last EMI,
then only the Prepayment charges is applicable "on the
outstanding amount of the facility or total
Interest for the month ; Rs.
18,380.35 as Prepayment charges and Rs. 6,744.80 as Interest
on pending installment, totaling ... chartered out for the
payment of last EMI, then only the Prepayment charges is
applicable "on the outstanding amount of the facility or total
Interest for the
month; Rs. 18,064.35 as Prepayment charges and Rs.
10,135.20 as Interest on pending installment, totaling ... chartered out for the payment of last EMI,
then only the Prepayment charges is applicable "on the
outstanding amount of the facility or total
Interest for the month ; Rs. 19,544.17 as
Prepayment charges and Rs. 10,359/ as Interest on pending
installment, totaling ... chartered out for the
payment of last EMI, then only the Prepayment charges is
applicable on the outstanding amount of the facility or total
interest
