Supreme Court of India · 1996-05-07
CENTRAL BANK OF INDIA vs RAVINDRA
- Citation / case number
- SC 1993/62305
- Court
- Supreme Court of India
- Petitioner
- CENTRAL BANK OF INDIA
- Respondent
- RAVINDRA
- Author
- ANAND, A.S. () (),THOMAS K.T. ,LAHOTI, R.C. ,HEGDE, N. SANTOSH ,VARIAVA, S.N.
- Bench
- ANAND, A.S. (DR.) (CJI),THOMAS K.T. ,LAHOTI, R.C. ,HEGDE, N. SANTOSH ,VARIAVA, S.N.
Judgment text excerpt
The Supreme Court directed that the interpretation of Section 34 of the CPC regarding 'the principal sum adjudged' requires consideration by a Constitution Bench. The Court noted that previous judgments, including Corporation Bank vs. D.S. Gouda and Bank of Baroda vs. Jagannath, did not adequately address the distinction between 'principal sum adjudged' and 'aggregate sum so adjudged' prior to the 1956 Amendment. The Court emphasized the need for an authoritative ruling on the borrower's liability to pay interest on the principal sum, including any interest that merges with it.