niranjan
(Expert) 01 January 2010
Under hindu law,the interest exceeding the principal is not allowabole. The rule of damduppt ceases to operate after the date of suit.
A V Vishal
(Expert) 01 January 2010
The amount of principal together with the rate of interest cannot exceed double the principal, called damdupat. This rule was prevalent in ancient Hindu Courts. But it has lost its relevancy now
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