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Deposit of Auction Proceeds in Court Does Not Constitute Payment; Upholds 15% Contractual Interest on Credit Societies’ Dues Under CPC Order XXI

Home - Deposit of Auction Proceeds in Court Does Not Constitute Payment; Upholds 15% Contractual Interest on Credit Societies’ Dues Under CPC Order XXI

Bombay High Court: Deposit of Auction Proceeds in Court Does Not Constitute Payment; Upholds 15% Contractual Interest on Credit Societies’ Dues Under CPC Order XXI, Rule 1
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Bombay High Court: Deposit of Auction Proceeds in Court Does Not Constitute Payment; Upholds 15% Contractual Interest on Credit Societies’ Dues Under CPC Order XXI, Rule 1

Court's Decision The Bombay High Court dismissed three writ petitions challenging a Collector’s order dated 31st March 2023, which directed payment of dues to two credit societies (Sahyadri and Navhind)…
Posted by Rawlaw January 22, 2025

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