https://www.taxtmi.com/caselaws?id=281116 An unadjudicated claim cannot operate as res judicata, and limitation may be saved where the claimant bona fide pursued earlier proceedings and secures exclusion of that period under Section 14 of the Limitation Act. On delayed-payment interest, liability under the 1993 Act depends on whether the supply transaction arose after the Act commenced; where the supply order pre-dated commencement, the Act does not apply and compound interest is not payable. In such a case, the court may still award reasonable simple interest under Section 34 CPC. The decree was modified to substitute simple interest at 9% per annum. en-us Mon, 20 Feb 2006 00:00:00 +0530 Tue, 04 Jun 2019 16:35:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281116 An unadjudicated claim cannot operate as res judicata, and limitation may be saved where the claimant bona fide pursued earlier proceedings and secures exclusion of that period under Section 14 of the Limitation Act. On delayed-payment interest, liability under the 1993 Act depends on whether the supply transaction arose after the Act commenced; where the supply order pre-dated commencement, the Act does not apply and compound interest is not payable. In such a case, the court may still award reasonable simple interest under Section 34 CPC. The decree was modified to substitute simple interest at 9% per annum. Case-Laws Indian Laws Mon, 20 Feb 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281116