contended that in the recent decisions, this Court has only
awarded simple interest with the rates ranging from ... respondent would be approximately equal to the principal amount
together with simple interest @ over 60% p.a., calculated from the year
1989 to the month
with simple interest @ 10% p.a. from August
21, 2017 till the date of award was awarded in the favour of
the claimant ... Issue No. 15, INR 1,84,51,773.80/- with simple interest
@ 10% p.a. from February 20, 2017 till the date of award
was awarded
Limited for a sum of USD
5,15,409.50 together with simple interest thereon @ 12% per
annum calculated from 1st June ... Limited for a sum of Rs.30,02,037/-
together with simple interest thereon @ 12% per annum
calculated from 1st January
things; one for
compound interest and other for the rate of interest. The grant of simple
interest by Majority Award has been challenged ... Contract provides for compounding of the interest or provides for payment
of interest upon interest or for interest payable on the principle to be treated
things; one for
compound interest and other for the rate of interest. The grant of simple
interest by Majority Award has been challenged ... Contract provides for compounding of the interest or provides for payment
of interest upon interest or for interest payable on the principle to be treated
awarded compensation of Rs. 66,85,000/- with simple interest while holding in para 36 as under:
"36. The discussions, findings and directions made ... above mentioned amount of compensation of Rs.66,85,000/- with simple interest @ 6% per annum from the date of filing of the claim application
required by or under the Act, shall be liable to pay simple
interest at the prescribed rate on the amount of the tax from ... under this
Act, he or it shall be liable to pay simple interest,--
(i) at one per cent for every month or part
M/S.Tamil Nadu State Marketing ... vs The Deputy Commissioner Of Income Tax on 22
interest and for
period the interest is to be awarded to the claimants.
The claimant has claimed interest including pendente lite
interest and future interest ... said
interest @ 14% is therefore accordingly awarded and
allowed in favour of the claimant. I, further award interest to
the claimant @ 18% simple interest, from
account of wilful delay in issuance of
completion (with 18% simple interest p.a. calculated till 31 st October
2016)", and Claim ... regarding the "Commercial Units
Defaulters in payment of dues (18% simple interest p.a. till 31st
October 2016)". The petitioner has alleged that