https://www.taxtmi.com/caselaws?id=172543 The High Court dismissed the appellant's appeal and revision, while partially allowing the respondent's appeal, entitling them to interest at 18% per annum from the date of reference to the date of the award. The Supreme Court reduced the interest rate to 9% per annum, emphasizing that interest should not exceed 9% in the absence of a specific contract clause. The Civil Court's judgment as modified by the High Court was upheld, except for the adjustment in the interest rate. en-us Mon, 27 Sep 2010 00:00:00 +0530 Tue, 25 Aug 2015 11:11:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172543 The High Court dismissed the appellant's appeal and revision, while partially allowing the respondent's appeal, entitling them to interest at 18% per annum from the date of reference to the date of the award. The Supreme Court reduced the interest rate to 9% per annum, emphasizing that interest should not exceed 9% in the absence of a specific contract clause. The Civil Court's judgment as modified by the High Court was upheld, except for the adjustment in the interest rate. Case-Laws Indian Laws Mon, 27 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172543