https://www.taxtmi.com/caselaws?id=197634 The court ruled that the Bank could not charge interest for the period when it couldn't deliver the pledged goods due to police seizure. However, once the attachment order was lifted, the Bank was entitled to claim interest until the debt was repaid and the goods redeemed. The writ application was allowed in part, with no costs awarded, as the Bank's obligation to return the pledged goods was hindered by the seizure, but the petitioner failed to inform the Bank promptly once the attachment order was vacated. en-us Fri, 06 Apr 1990 00:00:00 +0530 Thu, 11 Jan 2018 12:41:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197634 The court ruled that the Bank could not charge interest for the period when it couldn't deliver the pledged goods due to police seizure. However, once the attachment order was lifted, the Bank was entitled to claim interest until the debt was repaid and the goods redeemed. The writ application was allowed in part, with no costs awarded, as the Bank's obligation to return the pledged goods was hindered by the seizure, but the petitioner failed to inform the Bank promptly once the attachment order was vacated. Case-Laws Indian Laws Fri, 06 Apr 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197634