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2010 (4) TMI 1219 - HC - Indian LawsExtract: .......et out that interest @ 21 % per annum will be charged if the bill is not paid on the due date, keeping in view the prevalent rate of interest, the appellant is awarded interest @ 12% per annum with effect from 12.07.2001 till the date of realisation. 34. The appeal stands allowed. The impugned order is set aside. There will be no order as to costs.
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