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See Also:
- 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…
- AWARD OF INTEREST- Power of Courts to award interest
ACTION - CLAIM(S)/RELIEF(S)- Whether parties and Court are bound by the reliefs claimed; duty of Court not to grant reliefs not claimed:
- 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,…