https://www.taxtmi.com/caselaws?id=274553 Mesne profits under Section 2(12) CPC were treated as profits accruing from wrongful possession, and interest on them had to be calculated year by year as the entitlement arose, while the assessed quantum was upheld. For a suit filed before the amendment of Section 34 CPC, post-decree interest remained capped at 6% per annum, and a later amendment to the plaint could not justify a higher rate or make bank-rate interest on mesne profits sustainable. The admitted liability adjustment, the treatment of goodwill as a divisible partnership asset, and rejection of the gratuity reimbursement claim were maintained. en-us Wed, 05 Nov 2003 00:00:00 +0530 Thu, 04 Jul 2024 11:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274553 Mesne profits under Section 2(12) CPC were treated as profits accruing from wrongful possession, and interest on them had to be calculated year by year as the entitlement arose, while the assessed quantum was upheld. For a suit filed before the amendment of Section 34 CPC, post-decree interest remained capped at 6% per annum, and a later amendment to the plaint could not justify a higher rate or make bank-rate interest on mesne profits sustainable. The admitted liability adjustment, the treatment of goodwill as a divisible partnership asset, and rejection of the gratuity reimbursement claim were maintained. Case-Laws Indian Laws Wed, 05 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274553