The INTEREST ACT, 1978

Sections

Section 1 — Short title, extent and commencement.

(1) This Act may be called the Interest Act, 1978. (2) It extends to the whole of India except the State of Jammu and Kashmir*. (3) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.

Browse all 6 sections
  1. 1.Short title, extent and commencement.
  2. 2.Definitions.
  3. 3.Power of court to allow interest.
  4. 4.Interest payable under certain enactments.
  5. 5.Section 34 of the Code of Civil Procedure, 1908 to apply.
  6. 6.Repeal and saving.