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<h1>Supreme Court Upholds 18% Interest Ruling</h1> <h3>Haryana Urban Development Authority Versus Rajnish Chander Sharda</h3> The Supreme Court of India dismissed the appeal, upholding the National Commission's decision to direct the appellant to pay interest at 18% per annum on ... - The Supreme Court of India dismissed the appeal, stating that the appellant's own written statement expressed surprise at the appeal. The National Commission directed the appellant to pay interest at 18% per annum on amounts deposited by the respondent from 1979 onwards. The appeal was dismissed with costs.