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    <title>2011 (10) TMI 760 - KARNATAKA HIGH COURT</title>
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    <description>A first appellate court&#039;s reversal will stand in second appeal if it independently appraises the evidence and gives reasons, because interference is confined to a substantial question of law under Section 100 CPC; the limitation finding based on dishonour of the cheque was therefore sustained. Post-suit interest under Section 34 CPC must be reasonable and reflect the nature of the liability, and where the transaction is a non-commercial hand loan without a contractual rate, 18% per annum was found excessive. The decree on liability was affirmed, but the interest component was reduced to 8% per annum.</description>
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    <pubDate>Thu, 20 Oct 2011 00:00:00 +0530</pubDate>
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      <title>2011 (10) TMI 760 - KARNATAKA HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=300241</link>
      <description>A first appellate court&#039;s reversal will stand in second appeal if it independently appraises the evidence and gives reasons, because interference is confined to a substantial question of law under Section 100 CPC; the limitation finding based on dishonour of the cheque was therefore sustained. Post-suit interest under Section 34 CPC must be reasonable and reflect the nature of the liability, and where the transaction is a non-commercial hand loan without a contractual rate, 18% per annum was found excessive. The decree on liability was affirmed, but the interest component was reduced to 8% per annum.</description>
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      <pubDate>Thu, 20 Oct 2011 00:00:00 +0530</pubDate>
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