https://www.taxtmi.com/caselaws?id=265137 Deposit of the awarded sum in court stops further liability for award interest on that deposited amount; once the principal was placed in the High Court and converted into a fixed deposit at the respondent's request, the respondent could claim only the actual interest accrued on that fixed deposit after deposit. Any unpaid balance of the award continued to carry interest under the award until actually deposited, because partial deposit did not extinguish liability on the shortfall. The High Court's judgment was modified accordingly. en-us Mon, 28 Sep 2015 00:00:00 +0530 Wed, 07 Oct 2015 18:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265137 Deposit of the awarded sum in court stops further liability for award interest on that deposited amount; once the principal was placed in the High Court and converted into a fixed deposit at the respondent's request, the respondent could claim only the actual interest accrued on that fixed deposit after deposit. Any unpaid balance of the award continued to carry interest under the award until actually deposited, because partial deposit did not extinguish liability on the shortfall. The High Court's judgment was modified accordingly. Case-Laws Indian Laws Mon, 28 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265137