LAWS(P&H)-2011-5-349

CHANDIGARH HOUSING BOARD Vs. JMK ASSOCIATES AND ANR.

Decided On May 27, 2011
CHANDIGARH HOUSING BOARD Appellant
V/S
Jmk Associates And Anr. Respondents

JUDGEMENT

(1.) THIS petition is directed against the judgment and decree dated 28.11.2007 passed by the learned Additional District Judge, Chandigarh dismissing the appeal against the order dated 29.4.2006 passed by the Civil Judge (Jr. Division), Chandigarh.

(2.) THE main dispute which is the subject of controversy in this case is the awarding of interest.

(3.) THE Petitioner filed objection petition against the said award. The said objections were contested by the Respondent No. 1 and ultimately, the trial court after dismissing the objection petition filed by the Petitioner made the award dated 18.8.2002 as rule of the court and ordered that the Respondent No. 1 would be entitled to compound interest @ 12% per annum w.e.f. 1.7.1985 till realization.