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  • M.C.O.P Filed Date Current Date Award Amount Interest Rate: 27-Feb-2007 621000.00 7.50 Months

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    Karthik Ramasamy
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    The document details the terms of a loan taken out in 2007 for Rs. 621,000 with an interest rate of 7.5% per year over 5 years. It then shows the calculation of total interest accrued over the loan period which amounts to Rs. 246,182. The total amount due including principal and interest is Rs. 867,182. The document then outlines the distribution of an award amount of Rs. 330,201 among 10 petitioners, accounting for advocate fees and interest payments. The largest share of 70.94% goes to the 1st petitioner totaling Rs. 232,819 and the remaining shares are distributed among the other petitioners.

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    Interest Calculator

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    The document details the terms of a loan taken out in 2007 for Rs. 621,000 with an interest rate of 7.5% per year over 5 years. It then shows the calculation of total interest accrued over the loan period which amounts to Rs. 246,182. The total amount due including principal and interest is Rs. 867,182. The document then outlines the distribution of an award amount of Rs. 330,201 among 10 petitioners, accounting for advocate fees and interest payments. The largest share of 70.94% goes to the 1st petitioner totaling Rs. 232,819 and the remaining shares are distributed among the other petitioners.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
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    Download as xlsx, pdf, or txt
    18 views6 pages

    M.C.O.P Filed Date Current Date Award Amount Interest Rate: 27-Feb-2007 621000.00 7.50 Months

    Uploaded by

    Karthik Ramasamy
    The document details the terms of a loan taken out in 2007 for Rs. 621,000 with an interest rate of 7.5% per year over 5 years. It then shows the calculation of total interest accrued over the loan period which amounts to Rs. 246,182. The total amount due including principal and interest is Rs. 867,182. The document then outlines the distribution of an award amount of Rs. 330,201 among 10 petitioners, accounting for advocate fees and interest payments. The largest share of 70.94% goes to the 1st petitioner totaling Rs. 232,819 and the remaining shares are distributed among the other petitioners.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 6

    M.C.O.

    P Filed Date
    Current Date
    Award Amount
    Interest Rate
    Years

    Months
    Days
    Interest / Year
    Interest / Month

    Interest / Day
    Interest

    Total Interest

    Total Amount

    27-Feb-2007
    8-Jun-2012
    621000.00
    7.50
    5.00
    3.00
    13.00
    46575.00
    3881.00
    128.00
    232875.00
    11643.00
    1664.00
    246182.00
    867182.00

    5-Jul-2007

    Share
    Percentage Interest

    Share Calculator
    Award Amount
    Deposited Amount
    Advocate Fee
    Amount Towards Interest
    Award Amount Shares
    1st Petitioner
    2nd Petitioner
    3rd Petitioner
    4 th Petitioner
    5 th Petitioner
    6 th petitioner
    7 th petitioner
    8 th petitoner
    9 th petitoner
    10 th Petitioner
    Total

    Total

    247800
    330201
    7950
    74451
    175800
    50000
    22000

    0
    0
    0
    0
    0

    247800

    70.94
    20.18
    8.88
    0.00
    0.00
    0.00
    0.00
    0.00
    0.00
    0.00
    100.00

    52819
    15022
    6610
    0
    0
    0
    0
    0
    0
    0
    74451

    RESULT
    Award Amount with Interest
    228619 Petitoners
    322251
    65022 Fees
    7950
    28610 Total
    330201
    0
    0
    0
    0
    0
    0
    0
    322251
    322250.99

    Adjustment
    1st Petitioner
    2nd Petitioner
    3rd Petitioner
    4th Petitioner
    5th Petitioner

    628021
    122900
    122900
    184350
    184351

    Accurate

    Total

    1242522

    122
    111111

    54

    500000000

    543

    5848139
    25000
    5873139

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