CORPORATION BANK vs M/S SARASWATI ABHARANSALA . — C.A. No. 6708/2008

Summary: Corporation Bank v. M/S Saraswati Abharansala (C.A. No. 6708/2008) On 08/11/2010, the Supreme Court heard I.A. No. 2 (clarification application) in Corporation Bank's appeal. The Court rejected Kerala's adjournment request and disposed of the application by clarifying that interest on excess tax refund would be payable at 10% per annum from 19th January, 2000 (when refund was first demanded) till actual payment, rather than from the original order date of 19th November, 2008. This case analysis is maintained by casestatus.in based on publicly available court records.