Principle

CIVIL PROCEDURE – Interpretation of Order 27 Rule 8 of the Kano State High Court (Civil Procedure) Rules, 1976 – Three-Fold Interpretation of Statutory Interest Provision

Area of law
CIVIL PROCEDURE
Court
Supreme Court

The statutory interest provision has three aspects: mandatory default rate, judicial discretion to vary, and automatic application if discretion not exercised. The principle guides courts in applying interest rules. The court must expressly order a different rate to vary. The default rate is 10% per…

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