https://www.taxtmi.com/caselaws?id=109413 Relief was granted on equitable considerations where the borrower had already deposited the principal amount and sought waiver of interest because of poverty and famine-related hardship. The court treated the payment of principal as sufficient to settle the claim, and the interest component was dispensed with in view of the respondent's circumstances. The matter was therefore treated as finally settled on the basis of the principal amount already deposited. en-us Fri, 05 Sep 2003 00:00:00 +0530 Mon, 09 Apr 2012 18:04:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109413 Relief was granted on equitable considerations where the borrower had already deposited the principal amount and sought waiver of interest because of poverty and famine-related hardship. The court treated the payment of principal as sufficient to settle the claim, and the interest component was dispensed with in view of the respondent's circumstances. The matter was therefore treated as finally settled on the basis of the principal amount already deposited. Case-Laws Companies Law Fri, 05 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109413