Interest in a money suit

G. ARAVINTHAN (Querist) 11 September 2008 This query is : Resolved
To what extent the plaintiff can claim interest from the defendant in a suit for recovery of money?

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Jithendra.H.J (Expert) 11 September 2008
simple interest or agreed interest

anonymus (Expert) 11 September 2008
hi you can find this from the Usurious Interests Act and sec 34 CPC. If comercial transaction the agreed interest can be decreed even after decree. If not only 6% after decree.

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