https://www.taxtmi.com/caselaws?id=368806 The court ruled in favor of the plaintiff, granting a decree for the suit amount of Rs. 35,21,914.57 with interest at 18% p.a. till the decree date and 12% p.a. thereafter, along with costs of the suit. The defendant's claims of payment were not substantiated with evidence, leading to a decision in favor of the plaintiff. The court adjusted the interest rate from 22% to 18% p.a. based on commercial norms. The judgment thoroughly analyzed the evidence and legal contentions, ensuring a fair outcome for the parties involved. en-us Fri, 03 Aug 2018 00:00:00 +0530 Mon, 15 Oct 2018 14:13:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368806 The court ruled in favor of the plaintiff, granting a decree for the suit amount of Rs. 35,21,914.57 with interest at 18% p.a. till the decree date and 12% p.a. thereafter, along with costs of the suit. The defendant's claims of payment were not substantiated with evidence, leading to a decision in favor of the plaintiff. The court adjusted the interest rate from 22% to 18% p.a. based on commercial norms. The judgment thoroughly analyzed the evidence and legal contentions, ensuring a fair outcome for the parties involved. Case-Laws Companies Law Fri, 03 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368806