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Monday, June 28, 2010

Interest

Payment of interest

Look at contract, then look at nationalised bank (if evidence lead), otherwise court discretion.

Sri Venkatarama Oil Industries v. Union of India, MANU/AP/1366/2002: III(2003) BC 417

Sarvaraya Textiles Ltd v. N. Rajagopal, MANU/AP/1202/2004: 2005(4) ALT 405

Romesh Chandra Das v. National Tobacco Co. of India Ltd, MANU/WB/0086/1940



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