TMI BlogHigh Court Awards 6% Interest on Delayed Refund After Three-Year Verification and Six-Year Delay in Payment Completion.Seeking interest on delayed refund of principal amount - There is no explanation as to why the verification took three years. - There is also no explanation, as to why even after verification, the principal amount was refunded only six years thereafter i.e., on 12.08.2022. - Interest granted @6% - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
|