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august 2004

Supreme Court of India · 2004-08-10

H.U.D.A. vs SITA RAM

Citation / case number
SC 2003/1499
Court
Supreme Court of India
Petitioner
H.U.D.A.
Respondent
SITA RAM
Author
S. N. VARIAVA
Bench
S. N. VARIAVA & ARIJIT PASAYAT

Judgment text excerpt

The Supreme Court held that interest at the rate of 18% per annum cannot be uniformly applied in all cases, as established in Ghaziabad Development Authority vs. Balbir Singh (2004) 5 SCC 65. The Court maintained the District Forum's order granting interest at 15% after two years from the date of deposit, while setting aside the National Commission's increase to 18%. The Court directed the Appellants to execute the sale deed and grant construction permission to the Respondent without additional charges, emphasizing that this ruling is specific to the case's unique circumstances and should not serve as a precedent.

H.U.D.A. vs SITA RAM · Niyam