https://www.taxtmi.com/caselaws?id=109300 In Civil Appeal No. 7426 of 1996, the Court directed Standard Chartered Bank to pay interest to Citibank at a reduced rate of 12% per annum, with provisions for restitution. Citibank was entitled to receive back the amount paid along with interest at 9% per annum. The differing rates of interest were justified based on the rates granted by the Special Court in the original suits for equitable outcomes. In Civil Appeal No. 9063 of 1996, CANFINA was entitled to restitution of the amount paid to Citibank with interest at 9% per annum, maintaining consistency in interest rates from the original suits. The Court dismissed other applications for compliance and satisfaction, emphasizing the need for addressing such matters before the executing Court. en-us Tue, 26 Oct 2004 00:00:00 +0530 Mon, 19 Aug 2013 10:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109300 In Civil Appeal No. 7426 of 1996, the Court directed Standard Chartered Bank to pay interest to Citibank at a reduced rate of 12% per annum, with provisions for restitution. Citibank was entitled to receive back the amount paid along with interest at 9% per annum. The differing rates of interest were justified based on the rates granted by the Special Court in the original suits for equitable outcomes. In Civil Appeal No. 9063 of 1996, CANFINA was entitled to restitution of the amount paid to Citibank with interest at 9% per annum, maintaining consistency in interest rates from the original suits. The Court dismissed other applications for compliance and satisfaction, emphasizing the need for addressing such matters before the executing Court. Case-Laws Companies Law Tue, 26 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109300