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See Also:
- JUDGMENT AND ORDER - AWARD OF INTEREST- The principles governing the award of interests:
"On award of interest and distinction between prejudgment and post-judgment awards of interest,, it is to be noted that interest may be awarded in a case in two distinct circumstances,…
- JUDGMENT AND ORDER - AWARD OF INTEREST - Whether the award of post-judgment interest is discretionary; principles guiding the exercise of such discretion
"It is not a matter for endless discourse as it is well settled that after winning a judgment, payment may be delayed by the judgment debtor. For this reason, the…
- JUDGMENT AND ORDER - AWARD OF INTEREST- Legal basis for the award of interest:
"The award of interest is guided with the caution that it is not awarded to compensate the successful party for the damage done but rather for being kept out of…