I.K. Merchants Pvt. Ltd vs The State Of Rajasthan

The Supreme Court reviewed appeals against the Calcutta High Court's orders concerning share valuation and interest rates. The High Court upheld the valuation at Rs.640 per share and granted 6% simple interest, later correcting it to 5%. The appellants sought further enhancement of interest, costs, and damages, but their requests were rejected. The Court examined the valuation and interest rate adjustments, ultimately affirming the High Court's decisions.