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    <title>1935 (11) TMI 21 - HIGH COURT OF LAHORE</title>
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    <description>A decree entered by a court in terms of an award pursuant to a court-ordered reference is appealable; Section 152(3) of the Companies Act does not bar such an appeal because the reference arose from a court order rather than a party written agreement. Where the decretal sum is shown to be miscalculated, the appellate court may correct the decretal amount to the correct figure and may award future interest at a rate it deems reasonable; here the decree was modified to the corrected sum and future interest fixed at six percent per annum from the stated payment date until payment.</description>
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    <pubDate>Fri, 22 Nov 1935 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=96697</link>
      <description>A decree entered by a court in terms of an award pursuant to a court-ordered reference is appealable; Section 152(3) of the Companies Act does not bar such an appeal because the reference arose from a court order rather than a party written agreement. Where the decretal sum is shown to be miscalculated, the appellate court may correct the decretal amount to the correct figure and may award future interest at a rate it deems reasonable; here the decree was modified to the corrected sum and future interest fixed at six percent per annum from the stated payment date until payment.</description>
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      <pubDate>Fri, 22 Nov 1935 00:00:00 +0530</pubDate>
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