Courts have authority to determine appropriate interest rate considering totality of facts and date from which it is payable
The Hon’nle Supreme Court of India in I.K. Merchants Pvt. Ltd. & Ors. – Appellants Versus The State of Rajasthan & Ors. – Respondents, Civil Appeal Nos. 4560-4563 of 2025 (Arising out of SLP (C) Nos. 11779 – 11782 of 2022) Decided On : 01-04-2025 has held that Courts have authority to determine appropriate interest…