Extracted from the PDF above. The PDF is authoritative.
$~26 * IN THE HIGH COURT OF DELHI AT NEW DELHI + RFA 654/2023, CM APPL. 41733/2023 & CM APPL. 60070/2025
NIRULAS CORNER HOUSE PVT LTD
.....Appellant
Through: Mr. Chetanya Puri, Advocate
versus
KAP CONES PVT LTD
.....Respondent Through: Mr. Mohit Chaudhary, Mr. Kunal Sachdeva, Ms. Katyayani Vajpayee and Mr. Lakshay Yadav, Advocates
CORAM:
HON'BLE MS. JUSTICE NEENA BANSAL KRISHNA
O R D E R %
21.01.2026
1. Appeal under Section 96 read with Order XLI of the Code of Civil Procedure, 1908 (CPC) has been filed against the judgment dated 12.05.2023 whereby the Suit of the Plaintiff/Respondent has been decreed in the sum of Rs.3,11,363.86/- alongwith interest @ 9% p.a. w.e.f. 21.02.2014 till the date of recovery.
2. The only challenge to the Appeal is that the interest @ 9% has been
directed to be compounded yearly, till recovery. Moreover, it is submitted that the rate of interest @ 9% p.a. is higher.
Submissions heard.
3. It is a commercial transaction to which the recovery suit pertained. Therefore, the rate of interest at 9% p.a. cannot be faulted. However, there is no reason whatsoever given for the interest to be compoundable yearly.
4. The impugned judgment dated 12.05.2023 is hereby modified and it is This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 24/01/2026 at 13:00:46
directed that the simple interest @ 9% p.a. be given on the decretal amount as specified in the judgment dated 12.05.2023.
5. The Appeal alongwith pending Applications, is accordingly disposed of.
NEENA BANSAL KRISHNA, J JANUARY 21, 2026 N This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 24/01/2026 at 13:00:46