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1992 (3) TMI 230 - CEGAT, BOMBAYExtract: .......ying the rate of interest to the principal amount, interest is to be calculated. Applying the simple arithmetics, when the principal is zero, interest is also zero and that is what has been held by the Kerala High Court, with which no one can cater any doubt. 6. We therefore, do not find any merit in the Reference Applications and dismiss the same.
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