Board Of Trustees For The Port Of Cal.Po vs Port Tenants Welfare Assn.

The Supreme Court set aside the High Court's judgment that fixed interest on arrears of rent at 6% per annum, stating that the High Court did not adjudicate on the appropriate interest rate as per the Major Port Trusts Act, 1963. The Court invoked its jurisdiction under Article 142 of the Constitution to resolve the long-standing dispute, clarifying that the decision should not be treated as a precedent. The appeals were disposed of without further levy of interest since the respondents had already paid the interest as fixed by the High Court.