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Bombay High Court reinforces that civil recovery disputes cannot be converted into criminal proceedings without concrete evidence of fraud. The ruling protects financial institutions and officials from malicious prosecution based on unverified allegations, setting a precedent for FIR quashing under BNSS.
Punjab & Haryana High Court rules that Section 34 CPC overrides contractual interest rates in non-commercial agreements, limiting future interest to 6% per annum even if parties agreed to higher rates. The judgment reinforces statutory protections in private residential transactions, impacting sellers defaulting on sale agreements.
The Punjab & Haryana High Court ruled that pre-judgment attachment of property under Order XXXVIII Rule 5 CPC must be proportionate to the claimed amount, setting aside an order attaching ₹1.1 crore worth of land for a ₹24.17 lakh suit. The decision reinforces that courts must ensure attachments do not exceed the financial stakes of the dispute, protecting defendants from disproportionate asset seizures.