Supreme Court of India · 2004-07-28
HARYANA URBAN DEV. AUTHORITY vs DARSH KUMAR
- Citation / case number
- SC 2002/486
- Court
- Supreme Court of India
- Petitioner
- HARYANA URBAN DEV. AUTHORITY
- Respondent
- DARSH KUMAR
- 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 mandated that when a development authority fails to deliver possession of an allotted plot, it must offer an alternate plot at the original price. The National Consumer Disputes Redressal Commission's order increasing interest to 18% was set aside due to lack of evidence supporting such a rate.