2022 (1) TMI 904

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Mr. N. Venkataraman, Learned Additional Solicitor General submits that in terms of the statute, the liability to pay interest would be at "such rate not exceeding 6 per cent as may be specified in the notification". It is submitted that the High Court was not, therefore, justified in awarding interest at the rate of 9 per cent per annum. The liability to pay the interest @ 6 per cent per a....