https://www.taxtmi.com/caselaws?id=104007 Dispute concerned accounting of a running account and return of materials between parties; HC applied ledger reconciliation and company records to determine entitlements. On whether a balance was due on March 31, 1977 the court found ledger entries established a debit balance of Rs. 19,694.60 due from the respondents and rejected unproven pre petition interest practice, awarding the appellant recovery of that balance with interest at 12% per annum from date of filing. On whether materials worth Rs. 17,731.65 were returned the court accepted documentary ledger entries and allowed that set off in favour of the appellant. en-us Fri, 22 Apr 1994 00:00:00 +0530 Mon, 27 Feb 2012 11:31:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104007 Dispute concerned accounting of a running account and return of materials between parties; HC applied ledger reconciliation and company records to determine entitlements. On whether a balance was due on March 31, 1977 the court found ledger entries established a debit balance of Rs. 19,694.60 due from the respondents and rejected unproven pre petition interest practice, awarding the appellant recovery of that balance with interest at 12% per annum from date of filing. On whether materials worth Rs. 17,731.65 were returned the court accepted documentary ledger entries and allowed that set off in favour of the appellant. Case-Laws Companies Law Fri, 22 Apr 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104007