Case Law Analysis
|Chhattisgarh High Court
Section 34 A&C Act | State Must Pay 6% Interest on Admitted Contractual Amounts from Completion Date : Chhattisgarh HC
The Chhattisgarh High Court has ruled that when a state entity admits a contractual payment obligation, withholding it entitles the claimant to statutory interest at 6% from the date of contract completion, even without an explicit claim for interest. This reinforces that delayed payment in public contracts is not a discretionary matter but a legal wrong triggering automatic interest, strengthening claimants' position in arbitration enforcement.