Supreme Court on Award of Interest (1950-2013)

Supreme Court on Award of Interest in Arbitration, Civil, Commercial, Motor Accident, Service, Tax, and other matters is a comprehensive Digest. It covers the Supreme Court case law of more than sixty-eight years on the subject from 1950 till 2013*.

The law, which is covered herein, spans more than 63 years of the Supreme Court's rulings on this subject, the bare text of the relevant sections of the Arbitration Act, 1940, and the Arbitration and Conciliation Act, 1996, S. 34 CPC, and the two Interest Acts of 1839 and 1978.

In an age when long-standing interim arrangements are what dispute resolution culminates in, the award of interest assumes critical importance, especially in commercial disputes. Alive to this, the Editors at SCC have painstakingly extracted nearly every single ruling on the award of interest across a broad spectrum of disputes from judgments of the Supreme Court from 1950 till date, which has resulted in this unique compendium. The reader can thus simultaneously study the bare text of the relevant statutory provisions and this comprehensive compendium of Supreme Court case law on the award of interest.

1. Generally
2. Arbitral matters/power of arbitrator to award interest
3. Arbitration Act, 1940 — Sections 13 and 29
4. Arbitration Conciliation Act, 1996 — Section 31(7)
5. Calculation of interest/Capitalisation/Rests, etc.
6. Civil Procedure Code, 1908 — Section 34
7. Claim amount
8. Compensation as interest/Interest on compensation
9. Compound interest/Interest on interest
10. Consumer cases
11. Contractual interest/rate of interest
12. Costs/Interest on costs
13. Date of commencement of interest
14. Delayed payments/withheld amount/Wrongfully detained amount
15. Denial of interest
16. Development Authority/Housing Board
17. Equitable interest/relief
18. Executing court
19. Instalments
20. Insurer
21. Interest Act, 1839
22. Interest Act, 1978
23. Interest on Delayed Payments to Small Scale and Ancillary Industrial Undertakings Act, 1993
24. Interest Tax
25. Interim interest — levy of proposed interest by interim order
26. Land acquisition and requisition
27. Mesne profits
28. Penal interest
29. Pre-litigation or pre-reference interest
30. Pendente lite interest
31. Post-decree/post-award interest
32. Power of the court to award interest
33. Rate of interest/Enhancement/Reduction/Usury prohibition
34. Recovery of excess interest paid/Refund of interest
35. Refund of tax
36. Refundable amount/refund/refund of deposit/court deposit or order
37. Restitutionary compensation
38. Restitutionary interest
39. Retiral benefits
40. Retrospective charging of interest
41. Special/Customary rules for grant of interest
42. Tax due/wrongful availment of tax credit/exemption, etc.
43. Trusts and Trustees.