section 90
Interest and instalments
The Jammu and Kashmir Village Panchayat Act, 1958Infrastructure1958145 of 149 sections available9 chapters
Chapter VI Chapter VI
Statutory text
Interest and instalments.--
- (1) In suits for money, the Panchayati Adalat may, in its discretion, decree interest on the sum decreed at a rate not exceeding ten per cent per annum from the date of suit till the date of the payment.
- (2) Where the decree is for payment of money, the Panchayati Adalat may direct that the payment of the amount decreed be made by instalments.
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