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Expense can be claimed despite stay against the same by court
Case Law Details
- Case Name
- National Agricultural Co- Operative Marketing Federation of India Ltd. Vs CIT (Delhi High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Delhi High Court
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In the present case, with the Award having been made rule of the Court by a learned Single Judge of this Court, the mere fact that the said judgement and decree was stayed by a DB would not relieve NAFED of its obligation to pay interest in terms thereof to Alimenta. Such liability commenced in the previous year in which the said judgement and decree was passed by the learned Single Judge. To borrow the phraseology of the Supreme Court in Shree Chamundi Mopeds Ltd. v. Church of South India Trust Association (supra), it cannot be said that merely because there is a stay granted...
