https://www.taxtmi.com/caselaws?id=296336 A consent decree passed on a compromise under Order XXIII Rule 3 CPC is binding unless set aside, and an executing court must enforce it as drawn without travelling beyond its terms. A default interest clause in such a decree does not, by itself, become penal or unreasonable so as to attract Section 74 of the Indian Contract Act and justify reduction. The executing court therefore had no jurisdiction to reduce the stipulated interest, and the attempted reduction of the agreed rate constituted an impermissible alteration of a valid decree. en-us Tue, 16 Dec 2008 00:00:00 +0530 Thu, 15 Jul 2021 11:56:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296336 A consent decree passed on a compromise under Order XXIII Rule 3 CPC is binding unless set aside, and an executing court must enforce it as drawn without travelling beyond its terms. A default interest clause in such a decree does not, by itself, become penal or unreasonable so as to attract Section 74 of the Indian Contract Act and justify reduction. The executing court therefore had no jurisdiction to reduce the stipulated interest, and the attempted reduction of the agreed rate constituted an impermissible alteration of a valid decree. Case-Laws Indian Laws Tue, 16 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296336