Supreme Court of India

Sri Ramnik Vallabhdas Madhvani and Ors. v. Taraben Pravinlal Madhvani

Neutral citation
Reported as [2003] SUPP. 5 S.C.R. 230
Bench V.N. Khare, S.B. Sinha and Arun Kumar JJ.
Decided 5 November 2003

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

5 Supreme Court benches have cited this judgment.

What the Court ordered

In the result the appeals are allowed to the extent indicated above.

Judgment, page 18

From the headnote

Code of Civil Procedure (Amendment) Act, 1976-Section 97-Interest­ Rate of-Suit instituted prior to Amendment Act of 197 6-Amendment of plaint sought for changing rate of interest to 13'Yo-Amendment allowed in 1985- Court awarding 13% interest from date of decree till realization-Held, unamended provision would apply in view of Sec. 97 (l)(e) of the Civil Procedure Code (Amendment) Act, 1976-Unamended provision restricted interest from date of decree to realization to 6'Yo-Held, 13% rate of interest could not be allowed-Code of Civil Procedure, 1908-Section 34. Code of Civil Procedure,

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