https://www.taxtmi.com/caselaws?id=217404 An interim restraint on disposal of immovable property was held to have been wilfully breached when sale deeds were executed without leave, and the respondents were found guilty of contempt because deliberate non-compliance is not excused in contempt jurisdiction. Objections based on locus standi after amalgamation and limitation were rejected: the proceedings had begun before the corporate change, and limitation was treated as running from knowledge of the contemptuous acts. The contractual pre-suit interest rate of 18% per annum was upheld, while pendente lite and future interest were left to the Court's discretion under Section 34 CPC, with prior payments to be adjusted towards principal and outstanding interest computed accordingly. en-us Mon, 06 Aug 2012 00:00:00 +0530 Sat, 13 Oct 2012 09:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217404 An interim restraint on disposal of immovable property was held to have been wilfully breached when sale deeds were executed without leave, and the respondents were found guilty of contempt because deliberate non-compliance is not excused in contempt jurisdiction. Objections based on locus standi after amalgamation and limitation were rejected: the proceedings had begun before the corporate change, and limitation was treated as running from knowledge of the contemptuous acts. The contractual pre-suit interest rate of 18% per annum was upheld, while pendente lite and future interest were left to the Court's discretion under Section 34 CPC, with prior payments to be adjusted towards principal and outstanding interest computed accordingly. Case-Laws Companies Law Mon, 06 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217404