Judgment briefs
Supreme Court of India

I.K. Merchants Pvt. Ltd. & Ors. v. The State of Rajasthan & Ors.

Code of s.34 – Interest – Grant of appropriate rate of interest in a commercial transaction

Disposed of
Court
Supreme Court of India
Decided
1 Apr 2025
Citation
[2025] 4 S.C.R. 2753
Case no.
CIVIL APPEAL No. 4560/2025
Bench
J.b. Pardiwala, R Mahadevan

Issue for consideration

Issue arose as regards the appropriate rate of interest to be awarded on the enhanced valuation of shares sold by the appellants to the Respondent No.1-State in 1973 as determined by the High Court and affirmed by Supreme Court.

Judgment PDF: I.K. Merchants Pvt. Ltd. & Ors. v. The State of Rajasthan & Ors.
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