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    <title>2022 (10) TMI 385 - DELHI HIGH COURT</title>
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    <description>The court, comprising Hon&#039;ble Justice Rajiv Shakdher and Hon&#039;ble Justice Tara Vitasta Ganju, ruled in favor of the petitioner in a writ petition concerning outstanding interest payment. Despite the principal amount being refunded, the interest remained unpaid, prompting the petitioner to seek redress. The court awarded interest at a rate of 6% per annum from December 5, 2013, until August 12, 2022, when the principal amount was refunded. The judgment directed the respondents to pay the accrued interest to the petitioner within four weeks, highlighting the importance of timely actions and accountability in such matters.</description>
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    <pubDate>Mon, 26 Sep 2022 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=428827</link>
      <description>The court, comprising Hon&#039;ble Justice Rajiv Shakdher and Hon&#039;ble Justice Tara Vitasta Ganju, ruled in favor of the petitioner in a writ petition concerning outstanding interest payment. Despite the principal amount being refunded, the interest remained unpaid, prompting the petitioner to seek redress. The court awarded interest at a rate of 6% per annum from December 5, 2013, until August 12, 2022, when the principal amount was refunded. The judgment directed the respondents to pay the accrued interest to the petitioner within four weeks, highlighting the importance of timely actions and accountability in such matters.</description>
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