Interest on Delayed Payments

Supreme Court Clarifies Scope of Section 22(1) of the Sick Industrial Companies Act in Recovery Suits: Fertilizer Corporation of India vs. Coromandal Sacks (2024)

/ Constitutional Law, Constitutional Law with Article 39, Interest on Delayed Payments, Interest on Delayed Payments to Small Scale and Ancillary Industrial Undertakings Act, 1993, Interest on Delayed Payments to Small Scale and Ancillary Industrial Undertakings Act, 1993 with Section 4, Revival of Sick Industries, Sick Industrial Companies (Special Provisions) Act, 1985, Sick Industrial Companies (Special Provisions) Act, 1985 with Section 22(1)

Supreme Court Clarifies Scope of Section 22(1) of the Sick Industrial Companies Act in Recovery Suits: Fertilizer Corporation of India vs. Coromandal Sacks (2024) LEGAL ISSUE: Scope of Section 22(1) of the Sick Industrial Companies (Special Provisions) Act, 1985 regarding the suspension of legal proceedings in recovery suits against sick industrial companies. CASE TYPE: Civil […]

Supreme Court Clarifies Scope of Section 22(1) of the Sick Industrial Companies Act in Recovery Suits: Fertilizer Corporation of India vs. Coromandal Sacks (2024) Read Post »

Supreme Court Orders Interest on Delayed Retirement Benefits: Dr. A. Selvaraj vs. C.B.M. College (2022)

/ B.V. Nagarathna, Delayed Payments, Interest on Delayed Payments, Judges, M.R. Shah, Retirement Benefits, Service Law

Supreme Court Orders Interest on Delayed Retirement Benefits: Dr. A. Selvaraj vs. C.B.M. College (2022) LEGAL ISSUE: Whether a retired employee is entitled to interest on delayed payment of retirement benefits when the delay is not attributable to the employee. CASE TYPE: Service Law Case Name: Dr. A. Selvaraj vs. C.B.M. College and Ors. [Judgment

Supreme Court Orders Interest on Delayed Retirement Benefits: Dr. A. Selvaraj vs. C.B.M. College (2022) Read Post »

Supreme Court Upholds Interest on Delayed Payments in Construction Contract: M/s. Oriental Structural Engineers Pvt. Ltd. vs. State of Kerala (22 April 2021)

/ Aniruddha Bose, Arbitration and Conciliation Act, 1996 with Section 31(7)(a), Arbitration and Conciliation Act, 1996 with Section 34, Arbitration Law, Contract Law, Interest on Delayed Payments, Interpretation of Contracts, Judges, Surya Kant

Supreme Court Upholds Interest on Delayed Payments in Construction Contract: M/s. Oriental Structural Engineers Pvt. Ltd. vs. State of Kerala (2021) LEGAL ISSUE: Whether a contractor is entitled to interest on delayed payments for work done under a construction contract, specifically concerning the local currency component, when the contract specifies interest but leaves the interest

Supreme Court Upholds Interest on Delayed Payments in Construction Contract: M/s. Oriental Structural Engineers Pvt. Ltd. vs. State of Kerala (22 April 2021) Read Post »

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