https://www.taxtmi.com/caselaws?id=369751 Interest on a penalty amount withheld under an interim stay remains payable when the substantive challenge fails, because restitution requires the party benefiting from the stay to restore the other side to the position it would have occupied but for the interim order. Unless the stay order or final order expressly excludes interest, the statutory or contractual rate governs liability for the withheld sum. Applying that principle, the appellants were found liable to pay interest on the amount kept back during the stay period, and the demand notice for interest was upheld. en-us Wed, 08 Aug 2018 00:00:00 +0530 Fri, 02 Nov 2018 13:41:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369751 Interest on a penalty amount withheld under an interim stay remains payable when the substantive challenge fails, because restitution requires the party benefiting from the stay to restore the other side to the position it would have occupied but for the interim order. Unless the stay order or final order expressly excludes interest, the statutory or contractual rate governs liability for the withheld sum. Applying that principle, the appellants were found liable to pay interest on the amount kept back during the stay period, and the demand notice for interest was upheld. Case-Laws Law of Competition Wed, 08 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369751