Interest Act, 1978

Act No. 14 of 1978 In force from 19-08-1981 Ministry of Finance 6 sections

An Act to consolidate and amend the law relating to the allowance of interest in certain cases.

34 Supreme Court judgments considering this law. Search within these.

• North Delhi Municipal Corporation v. M/s. S.A. Builders Ltd.
  2024 INSC 98817 December 2024Dismissed

  Whether the Arbitrator had become functus officio after passing of the award dated 16.12.1997 and had no jurisdiction to issue the clarification dated 15.03.2005.

• Pam Developments Private Limited v. The State of West Bengal & Anr.
  2024 INSC 62823 August 2024

  Matter pertains to the arbitral award in favour of the contractor as regards labour charges for uneconomical stoppage of work, interest on delayed payment, and interest, upheld by the District Judge but set aside/modified by the…

• M/s D. Khosla and Company v. The Union of India
  2024 INSC 5877 August 2024Dismissed

  Arbitrator passed award granting interest for two periods-(i) Pre-award period, from the date of completion of the work up to the date of the award @ 12% per annum (simple interest); and (ii) Post-award, from the date of the…

• Garg Builders v. Bharat Heavy Electricals Limited
  2021 INSC 6064 October 2021Dismissed
• M/S Shanti Conductors (P) Ltd. v. Assam State Electricity Board and Ors. Review Petition (C) Nos. 786787 of 2019 in
  2019 INSC 139718 December 2019Dismissed
• Reliance Cellulose Products Ltd. v. Oil and Natural Gas Corporation Ltd.
  2018 INSC 62320 July 2018Disposed of
• Dushyant N. Dalal and Another v. Securities and Exchange Board of India
  2017 INSC 10044 October 2017Disposed of
• Assam State Electricity Board and Ors. v. Buildworth Pvt. Ltd.
  2017 INSC 5874 July 2017Disposed of
• M/S Umesh Goel v. Himachal Pradesh Cooperative Group Housing Society Ltd.
  2016 INSC 45729 June 2016Appeal(s) allowed
• V. Kala Bharathi & Ors. v. The Oriental Ins. Co. Ltd., Br. Chitoor
  2014 INSC 2361 April 2014Appeal(s) allowed
• Dr. Balram Prasad v. Dr. Kunal Saha & Ors.
  2013 INSC 71724 October 2013Disposed of
• M/S Purbanchal Cables & Conductors Pvt. Ltd v. Assam State Electricity Board & Another
  2012 INSC 28010 July 2012Dismissed
• M/S. Msk Projects (I) (Jv) Ltd v. State of Rajasthan & Anr.
  2011 INSC 51021 July 2011Disposed of
• State of Haryana & Ors. v. S. L. Arora & Company
  2010 INSC 6929 January 2010Appeal(s) allowed
• U.P. Cooperative Federation Ltd. v. M/S. Three Circles
  2009 INSC 112410 September 2009Dismissed
• Tahazhathe Purayil Sarabi & Ors. v. Union of India & Anr.
  2009 INSC 81514 May 2009Appeal(s) allowed
• State of Rajasthan & Anr. v. Mis. Ferro Concrete Construction Pvt. Ltd.
  2009 INSC 58022 April 2009Appeal(s) allowed
• M/S. Vijay Industries v. M/S. Natl Technologies Ltd.
  2008 INSC 146717 December 2008Appeal(s) allowed
• Life Insurance Corporation of India and Anr. v. Smt. S. Sindhu
  2006 INSC 2904 May 2006Appeal(s) allowed
• Executive Engineer, Dhenkanal Minor Irrigation Division, Orissa, Etc. Etc. v. N.C. Budharaj (Dead) by Lrs. Etc. Etc.
  2001 INSC 1610 January 2001Dismissed
• The State of J & K and Anr. v. Dev Dutt Pandit
  1999 INSC 35827 August 1999Partly allowed
• Superintending Engineer and Ors. v. B. Subba Reddy
  1999 INSC 20426 April 1999Appeal(s) allowed
• Oil and Natural Gas Commission v. M/S M.C. Clelland Engineers S.A.
  1999 INSC 20023 April 1999Dismissed
• State of Orissa v. Shri B.K. Routray
  1999 INSC 812 January 1999Appeal(s) allowed
• State of U.P. v. Harish Chandra and Co.
  1998 INSC 42211 November 1998Disposed of
• Living Media India Ltd. and Anr. Etc. v. Union of India and Ors.
  1998 INSC 40328 October 1998Disposed of
• B.V. Radha Krishna v. Sponge Iron India Ltd.
  1997 INSC 2304 March 1997Appeal(s) allowed
• State of Orissa v. B.N. Agarwalla
  1997 INSC 7729 January 1997Dismissed
• Sudhir Brothers v. Delhi Development Authority and Anr.
  1995 INSC 74516 November 1995Appeal(s) allowed
• Renusagar Power Co. Ltd. Etc. v. General Electric Co. Etc.
  1993 INSC 34217 October 1993Dismissed
• Ferro Alloys Corpn. Ltd. and Ors. v. A.P. State Electricity Board and Ors
  1993 INSC 15515 April 1993Disposed of
• State of Orissa v. B.N. Agarwala
  1992 INSC 32224 November 1992Partly allowed
• Jugal Kishore Prabhatilal Sharma and Ors. v. Vijayendra Prabhatilal Sharma and Anr.
  1992 INSC 29122 October 1992Disposed of
• Secretary, Irrigation Department, Government of Orissa and Ors. Etc. Etc. v. G. C. Roy Etc. Etc.
  1991 INSC 33612 December 1991Dismissed