2003 (9) TMI 770

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....ited question arises for our consideration in this appeal that is, whether on facts and circumstances of this case the High Court was justified in reducing the interest on the amount to be refunded by the respondent from 12% per annum to 9% per annum. 4. Pursuant to a tender notification issued by the respondent, the appellant herein while offering his tender deposited ₹ 20 lacs with the re....

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....pellate bench set aside the order of the learned Single Judge holding that a writ court normally does not entertain a prayer for refund of money. The appellant herein challenged the said order of the division bench by SLP in this Court which came to be dismissed on 14th August, 1998, thereupon the appellant filed a civil suit before the Chief Judge, City Civil Court, Hyderabad for a declaration wh....

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....estion for our consideration on facts and circumstances of this case is whether the High Court was justified in reducing the interest from 12% per annum to 9% per annum. 8. The facts narrated hereinabove clearly shows the respondent has retained the money belonging to the appellant without authority of law and has driven the appellant to series of litigations, therefore, this fact itself should h....