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    <title>2015 (7) TMI 539 - CALCUTTA HIGH COURT</title>
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    <description>Acceptance of redemption proceeds and accrued interest without contemporaneous protest may support waiver, acquiescence, estoppel or accord and satisfaction, defeating a later claim for additional delayed-payment interest. Where redemption was affected under binding regulatory directions and liquidation-related constraints, the delay is treated as legally explained rather than actionable. A further claim for interest on interest requires a pleaded and proved capitalised interest structure; absent that basis, and in the absence of protest at payment, no additional interest claim is sustained under the Interest Act framework.</description>
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      <description>Acceptance of redemption proceeds and accrued interest without contemporaneous protest may support waiver, acquiescence, estoppel or accord and satisfaction, defeating a later claim for additional delayed-payment interest. Where redemption was affected under binding regulatory directions and liquidation-related constraints, the delay is treated as legally explained rather than actionable. A further claim for interest on interest requires a pleaded and proved capitalised interest structure; absent that basis, and in the absence of protest at payment, no additional interest claim is sustained under the Interest Act framework.</description>
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