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Sc Sets 9% Interest Rate On Compensation

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BUSINESS STANDARD
Last Updated : Jan 28 2013 | 12:58 AM IST

The Supreme Court stressed in two judgments delivered last week that in compensation cases, the appropriate rate of interest on the awarded amount would be 9 per cent and not higher or lower.

This is because the banks

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First Published: Jul 15 2002 | 12:00 AM IST

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