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2009 (2) TMI 694 - SC - Indian LawsNature of interest that the respondent is entitled to in respect of the amount for which he had laid claim and in respect of which a decree was passed in its favour - Held that:- The High court was not justified in granting interest at the rate of 18% per annum with monthly rests. Considering the facts and circumstances of the present case we direct that pendente lite and future interest at the rate of 9% shall be paid.
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