EFU GENERAL INSURANCE LTD. versus MESSRS SECURITY AND MANAGEMENT. SERVICES (PVT.) LTD.
Talking Apparatus Act 1881A XXXVII, R 2 Negotiable Instruments Act (XXVI of 1881), sections 64, 79 and 92 sum recovery suit under section 79 of the Disconnected Devices Act, 1881 under unknown scrutiny. Interest was claimed at the rate of Rs. 5,22,000 for the amount of four dishonest checks and, according to the negotiation, interest amounting to Rs. Where neither the amount of the declared checks was in dispute with the defendants nor was the fact that no money was paid to the institution of the suit, Section 79A of the Plaintiffs' Conversational Equipment Act 1881 6% of the plaintiffs were entitled to claim the annual interest in the amount of Rs. 5,37,660 with the order and accordingly there is an annual markup of 12% from the date of the defendant. Accordingly, the amount received by the defendants cannot be recovered.
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