Principle

CIVIL PROCEDURE – Scope of Court’s Discretion under Order 27 Rule 8 – Discretion to Vary Rate of Interest on Judgment Debt

Area of law
CIVIL PROCEDURE
Court
Supreme Court

The court has discretion to vary the interest rate on judgment debt. The court may award more or less than 10% based on circumstances. The discretion must be exercised judicially. The principle applies to all judgments. The court must give reasons for varying the rate.…

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