damduppat

Querist :
Anonymous
(Querist) 01 January 2010
This query is : Resolved
dear sir
can u explain concept of Damduppat
A V Vishal
(Expert) 01 January 2010
The amount of principal together with the rate of interest cannot exceed double the principal, called damdupat. This rule was prevalent in ancient Hindu Courts. But it has lost its relevancy now