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    <title>2026 (6) TMI 699 - DELHI HIGH COURT</title>
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    <description>A signed confirmation of accounts can constitute a written acknowledgment and contract supporting a summary suit where bank transfers and the agreed balance are reflected in the document; a bare assertion of an alternative cash-loan arrangement, unsupported by reliable material, will not amount to a bona fide defence or triable issue. Post-decree interest remains within the court&#039;s discretion under Section 34 CPC: while contractual terms may govern pre-decree interest, future interest need not follow the claimed compounded rate. The principal decree was sustained, and future interest was awarded at 9% simple interest per annum from the date of decree until payment.</description>
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      <link>https://www.taxtmi.com/caselaws?id=793318</link>
      <description>A signed confirmation of accounts can constitute a written acknowledgment and contract supporting a summary suit where bank transfers and the agreed balance are reflected in the document; a bare assertion of an alternative cash-loan arrangement, unsupported by reliable material, will not amount to a bona fide defence or triable issue. Post-decree interest remains within the court&#039;s discretion under Section 34 CPC: while contractual terms may govern pre-decree interest, future interest need not follow the claimed compounded rate. The principal decree was sustained, and future interest was awarded at 9% simple interest per annum from the date of decree until payment.</description>
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