Report No. 77
Q. 51. Interest at enhanced rate.-
It has been suggested that there should be inserted in the Code of Civil Procedure, 1908, a provision empowering the court to incorporate, in a decree for money, a direction that if the debtor does not execute the judgment within a specified period, interest will be calculated at an increased rate according to a scale linked with the period of delay.
What are your views in the matter?