Sewak Ram Sharma v. State of Hp and Ors.
Case brief
What is this about?
The Court disposed of a writ petition seeking interest on retained Government Provident Fund accumulation. It directed respondents to claim the fund without demanding interest or ordered 9% simple interest per annum on GPF accumulation to the petitioner.
What did the court decide?
Directing respondents to pay simple interest @ 6% on GPF accumulation; failing which 9% interest shall be payable.