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august 2004

Supreme Court of India · 2004-08-10

H.U.D.A. vs R.S. BANGA

Citation / case number
SC 2003/1500
Court
Supreme Court of India
Petitioner
H.U.D.A.
Respondent
R.S. BANGA
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 granted in consumer cases, emphasizing that compensation must correlate with actual loss or injury as established in Ghaziabad Development Authority vs. Balbir Singh (2004) 5 SCC 65. The Court set aside the National Commission's order increasing interest to 18%, maintaining the State Forum's directive of 15% interest. The Respondent was granted the option to take possession of the plot or request a refund, with the Appellants required to comply accordingly.

H.U.D.A. vs R.S. BANGA · Niyam