Supreme Court of India · 2011-01-04
SEC/GEN.MGR.CHENNAI CEN.COP.BK.LTD.&ANR vs S.KAMALAVENI SUNDARAM
- Citation / case number
- SC 2010/20686
- Court
- Supreme Court of India
- Petitioner
- SEC/GEN.MGR.CHENNAI CEN.COP.BK.LTD.&ANR
- Respondent
- S.KAMALAVENI SUNDARAM
- Author
- R.M. Lodha
- Bench
- AFTAB ALAM,R.M. LODHA, , ,
Judgment text excerpt
The Supreme Court examined whether the Madras High Court was justified in directing the tenant to pay interest at 12% per annum on arrears of rent from September 9, 1998, to March 24, 2008, under the provisions of the Transfer of Property Act. The Court held that the High Court's decision to award interest was appropriate, affirming the principle that a landlord is entitled to interest on delayed rent payments. The outcome was that the appeal was dismissed, upholding the High Court's order regarding interest calculations.