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Attitude of the court on the award of interest

General principle on the award of interests

Instances when the court may award interest

Meaning of interest

Position of the law on the rate at which interest should be calculated where judgment is entered in foreign currency

Principles governing the award of interest

The basis for the award of interest

The basis of an order for the payment of interest on commercial bank lending rate

The position of the law on the period when interest is to be paid

The principle that interest is awarded up to the date of judgment and not final payment

The principle underlying the payment of interest

The rate at which interest awarded is payable

The rate of interest where the court orders money to be paid in a foreign currency

The rationale for the award of interests

The situations in which the courts are empowered to award interest on a judgment debt

The two concepts for the award of interest

The underlying principle for the award of interest

underlying principle in the award of interest

What the court must consider in making an award of interest

When interests will be awarded to the plaintiff

Whether a court can award interest where it is not claimed on the writ

Whether a land purchaser is entitled to interest on the money paid

Whether a purchaser cannot claim interest on the contract sum where he has been placed in possession

Whether a successful plaintiff is entitled to interest on his claim

Whether fifteen per cent interest can be awarded in the absence of an express agreement on the rate of interest

Whether interest can be awarded without a claim being made in the pleadings

Whether interest cannot be paid for breach of contract where it is not included as a term of the contract

Whether interests are claimable until the date of payment

Whether interests are payable at the bank rate prevailing at the date of payment

Whether interests are payable from the date of the judgment

Whether interests can be awarded in a foreign currency

Whether no interest can be entered in the Entry of Judgment where the court did not pronounce an interest

Whether parties can agree on the rate of interest payable

Whether payment of interest is presumed where there is a breach of contract

Whether payment of interest pursuant to L.I 1295 should be up to the date of judgment or the date of payment

Whether the court can award damages and/or interest in addition to ordering a refund of the deposit or purchase price

Whether the court can award interest which has not been pleaded

Whether the court can grant a 45% interest on the amount claimed

Whether the currency denominated in the contract is the currency in which interest is to be paid

Whether the fact that the appellate court limited the period for the payment of interest to end on the date the High Court gave its judgment converts the award to a retroactive award

Whether the sums or judgment debts adjudged payable by the Supreme Court to the plaintiff are to bear interest in accordance with the Court (Award of Interest and Post Judgment Interest) Rules 2005 (C.I. 52)

Whether the treasury bill rate is applicable where there is a dispute as to the prevailing bank rate

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