Fair-rent assessment requires consideration of lease terms, valuation principles and prevailing market rent; the certificate was quashed for fresh rev...
Document Identification Number compliance is satisfied when electronically communicated orders are promptly authenticated through a correctly identifi...
Industrial shrimp-feed machinery classification follows its commercial function, placing integrated production plants under the specific industrial fo...
HC rejected the applicant's claim for compound interest under s.244A(1)(b) r.w.s.132B(4)(b), which explicitly provides only for simple interest. The Court clarified that its prior order did not mandate cumulative or compound interest calculation. No statutory provision was identified supporting the interpretation of "cumulative interest" as compound interest. Consequently, the opposite parties cannot be held liable for willful disobedience, as no definitive legal framework exists for computing cumulative interest beyond simple interest prescribed by the statutory provision.
HC rejected the applicant's claim for compound interest under s.244A(1)(b) r.w.s.132B(4)(b), which explicitly provides only for simple interest. The Court clarified that its prior order did not mandate cumulative or compound interest calculation. No statutory provision was identified supporting the interpretation of "cumulative interest" as compound interest. Consequently, the opposite parties cannot be held liable for willful disobedience, as no definitive legal framework exists for computing cumulative interest beyond simple interest prescribed by the statutory provision.
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