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    <title>2000 (2) TMI 862 - KARNATAKA HIGH COURT</title>
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    <description>A writ direction requiring refund of a deposited amount together with the interest the deposit would have earned created an enforceable right to bank-rate interest from the date of deposit until refund, regardless of the amount being held in revenue deposit. A claim for such unpaid interest was treated as a residuary limitation matter, not a suit for breach of contract, so time ran from refusal of the claim after demand and notice. The higher interest rate claimed was rejected for want of admissible proof, and the court confined relief to the proved amount, while also allowing pendente lite and future interest on the decreed sum.</description>
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    <pubDate>Thu, 17 Feb 2000 00:00:00 +0530</pubDate>
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      <title>2000 (2) TMI 862 - KARNATAKA HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=280697</link>
      <description>A writ direction requiring refund of a deposited amount together with the interest the deposit would have earned created an enforceable right to bank-rate interest from the date of deposit until refund, regardless of the amount being held in revenue deposit. A claim for such unpaid interest was treated as a residuary limitation matter, not a suit for breach of contract, so time ran from refusal of the claim after demand and notice. The higher interest rate claimed was rejected for want of admissible proof, and the court confined relief to the proved amount, while also allowing pendente lite and future interest on the decreed sum.</description>
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