Under the Maintenance and Welfare of Parents and Senior Citizens Act, 2007, interest is payable from:
Section 14 lets the Tribunal direct simple interest "at such rate and from such date not earlier than the date of making the application as may be determined by the…
Choose your answer
Under the Maintenance and Welfare of Parents and Senior Citizens Act, 2007, interest is payable from:
Answer and explanation
Correct answer C
Section 14 lets the Tribunal direct simple interest "at such rate and from such date not earlier than the date of making the application as may be determined by the Tribunal", at a rate between five and eighteen per cent. Interest can run from before the order, but never from before the application.
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