Supreme Court of India · 1994-11-23
M/S DURGA RAM PRASAD vs GOVT. OF ANDHRA PRADESH
- Citation / case number
- SC 1977/61797
- Court
- Supreme Court of India
- Petitioner
- M/S DURGA RAM PRASAD
- Respondent
- GOVT. OF ANDHRA PRADESH
- Author
- K. RAMASWAMY
- Bench
- K. RAMASWAMY
Judgment text excerpt
The Supreme Court addressed the issue of entitlement to interest on amounts withheld by an engineer under a contract for construction, specifically examining Clause 69 of the M.D.S.S. The Court held that the contractor is not entitled to interest on amounts that are due upon final settlement of accounts, as per the stipulations in the contract. The appeal was dismissed, affirming the Division Bench's conclusion that the claim for interest was not valid under the contract terms.