H.U.D.A. vs KRISHNA GOEL

The Supreme Court held that interest at a uniform rate of 18% per annum cannot be granted in all 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 the interest rate to 18%, determining that a rate of 12% per annum was appropriate given the circumstances. The Appellants were directed to pay Rs. 2,000 for mental agony and Rs. 1,000 for costs, affirming the need for individualized assessment in consumer disputes.