If there is stipulation for the rate of interest, the court must allow the rate upon the date of the suit, subject to which of the following exceptions?
A. Any provision of the law applicable to money lending transaction, or usury laws or any other debt law governing the parties and having an overriding effect on any stipulation for payment of interest voluntarily entered into between the parties
B. If the rate is penal, the court must award at such rate as it deems reasonable
C. Even if the rate is not penal, the court may reduce it if the interest is excessive and the transaction was substantially unfair
D. All of these
Answer: Option D
Under Order 8 Rule 6 Code of Civil Procedure set-off may be permitted if-
A. The suit is for recovery of property
B. Set-off claimed by the defendant is ascertained sum of money
C. Value of property recoverable is less than rupees two lacs
D. Defendant presents a written statement of the suit
A. Is barred under all circumstances
B. Is not barred at all
C. Can be filed with the leave of the court
D. Either B or C
A. Such property actually received or might have received together with interest
B. Property actually received including profits due to improvements made by such person
C. Such property actually received or might have received but without any interest on such profits
D. Such property actually received
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