J&K&L HC: Undenied Pleadings are Deemed Admitted by Implication under the CPC  ||  Kerala HC: Transfer Order Pending Disciplinary Proceedings Cannot be Disguised as Punishment  ||  Allahabad HC: GST, Incentives, 0r Festival Advances Cannot be Deducted From Employee’s Retiral Dues  ||  SC: Absconding Accused Cannot Claim Anticipatory Bail Solely Because a Co-Accused Was Acquitted  ||  Supreme Court: District Cricket Bodies Must Adopt Good Governance Voluntarily, Not Follow BCCI Rules  ||  Supreme Court: Post-Award Property Purchasers Cannot Resist Execution of an Arbitral Award  ||  SC: Telecom Spectrum is a Community Resource and its Ownership Cannot be Decided under the IBC  ||  SC: Police Failure to Invoke IPC Provisions Led to Contractor’s Acquittal in Cement Stockpiling Case  ||  SC: Bank’s Internal Classification of Debt as NPA Does Not Determine Limitation under the IBC  ||  Bombay HC: Clarifies Procedure for Executing Foreign Decrees    

JKL HC: Interest Can’t be Given on Compensation for Future Prospects - (18 Jul 2023)

MOTOR VEHICLES

Jammu and Kashmir and Ladakh High Court has held that 'future prospects' are linked to potential income to be received in the future, and interest cannot be granted on the same since interest is awarded to compensate the loss of money value on account of lapse of time.

Tags : JAMMU AND KASHMIR AND LADAKH HIGH COURT   FUTURE PROSPECTS   COMPENSATION  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved