DEMAND OF INTEREST IN SUMMARY SUIT
rajan chopra
(Querist) 10 January 2015
This query is : Resolved
SIR IN A SUMMARY SUIT HOW MUCH MIN AND MAX INTEREST A PLAINTIF CAN CLAIM?
ajay sethi
(Expert) 11 January 2015
is there any agreement to pay interest?
rajan chopra
(Querist) 11 January 2015
NO AGREEMENT TO PAY INTERRST. SUMMARY SUIT IS BASED ON PRONOTE FOR MONEY.
malipeddi jaggarao
(Expert) 12 January 2015
In the pronote the interest rate had to be mentioned. If no mention, you cannot claim interest. Pure academic query.
T. Kalaiselvan, Advocate
(Expert) 15 January 2015
Do you want to know about the interest on the pro note in the suit or the interest rate for the suit money? In any case it cannot exceed24% p.a.