High CourtsSingle Bench(2018) 02 DEL CK 0272

Dena Bank vs Kamlesh Rani (Since Deceased) Thr Lrs & Ors

Delhi High Court · Decided on 8 February 2018

HON’BLE JUDGES
Prathiba M. Singh, J
RESULT
Disposed Of
CASE NUMBER
Regular First Appeal No. 529 Of 2017

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Judgment

24 paragraphs · 175 words

Principal amount awarded,"Rs.1,75,000/- per month",

Principal amount awarded,"Rs.1,75,000/- per month",

LESS Already paid,"Rs.51,700/- per month",

N e t amount (Rs.1,75,000/-

Rs.51,700/-)","Rs.1,23,300/- per month",

w.e.f. 01.01.2008 to 25.03.2013: 63

months x Rs.1,23,300/-",,"Rs.77,67,900/-

I n t . on Rs.77,67,900/- w.e.f.

31.05.2008 (date of institution) to

26.12.2016 (date of order): (8 years 6

months 26 days) @ 9% pa simple on

Rs.77,67,900/-","8y: Rs.31,07,160 + 6m: Rs.1,94,197.5

+ 26d: Rs.27,187","Aggregate interest: Rs.33,28,545.15

Future interest on Rs.77,67,900/-

w.e.f. 27.12.2016 till 04.09.2017: (8

months 9 days) @ 6% per annum

simple on Rs.77,67,900/-","8m: Rs.3,10,716/- + 9d: Rs.11,492.24","Aggregate future interest till deposit :

Rs.3,22,208.24

Net amount required to be deposited,,"Rs.1,14,18,653.39

14.

The amount of Rs. 1,14,18,654/- is directed to be released in favour of the Plaintiff. The remaining amount shall be released in favour of the",,

Defendant.,,

15.

List before the Registrar on 26th February 2018 for handing over the demand drafts in favour of the parties. Authorized representatives on behalf,,

of both the parties shall be present to collect the said payments.,,

16.

Appeal is disposed of in the above terms.,,