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Vinod Gupta (Owner)     15 April 2011

award of compound interest

is there any Supreme Court judgement which bars courts below from awarding interest on interest?



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 2 Replies

pratik (self working)     15 April 2011

No Bar

 

RAJU O.F., (Advocate)     23 April 2011

If the borrower agreed for compounding of the interest at monthly/quarterly/ half yearly rests, the Courts can pass Orders at interest at contracted rates by compounding at rests.


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