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See Also:
- JUDGMENT AND ORDER - AWARD OF INTEREST- Instance where an award of interest will be made:
"It is also trite in law that when in a business transaction like the one under discourse a party is found to have withheld money due to the other party…
- COURT - COMPETENCE OF COURT - When will a Court be said to be competent; effect of defect in competence of Court
"It is trite that a Court is competent to exercise its jurisdiction when: (1) It is properly constituted as regards numbers and qualifications of the members of the bench, and…
- 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…