Satyawati R. Ruia vs New India Assurance Co. Ltd

The Supreme Court clarified its earlier order dated 7th September 2006 regarding the payment of interest on arrears of rent, stating that interest at the rate of 15% per annum is payable not only for the period of arrears from August 1992 to March 2000 but also until the actual payment date. The Court emphasized that the intention was to ensure interest accrues until the dues are fully paid, and allowed the applicant to raise further questions regarding interest payments in the appropriate lower court. The application was disposed of with these clarifications.