MACT compensation awarded with 9% interest from filing till deposit


my query is if a judge award mact compensation of 30 lakhs with 9% interest from filing till deposit means how much the actual amount one will get at final if the case duration is 4 yrs? 30 lakhs only or more???

Answers (1)


219 votes

Hello,
you will get rupees thirty and also rupees ten lakhs and eighty thousand as interest at the rate of 9% per annum for four years. approximately you will be getting 40 lakhs and eighty thousand rupees as compensation


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