Supreme Court of India · 2004-08-31
Haryana Urban Development Authority vs Navdeep Chaudhary
- Court
- Supreme Court of India
- Petitioner
- Haryana Urban Development Authority
- Respondent
- Navdeep Chaudhary
- Author
- S. N. Variava
- Bench
- S. N. Variava, Arijit Pasayat
Judgment text excerpt
The Supreme Court addressed appeals by the Haryana Urban Development Authority and Ghaziabad Development Authority regarding interest rates awarded by the National Consumer Disputes Redressal Commission. The Court reiterated that interest at a uniform rate of 18% cannot be applied indiscriminately and must correlate with actual loss or injury as established in Ghaziabad Development Authority vs. Balbir Singh (2004) 5 SCC 65. The Court upheld the State Commission's order for interest at 12% and directed the appellants to pay the respondent a sum of Rs. 25,000, while clarifying that this order is not a precedent for future cases, which must adhere to the principles set forth in the earlier judgment.