Supreme Court of India · 2004-09-24
Haryana Urban Development Authority vs Munshi Ram
- Court
- Supreme Court of India
- Petitioner
- Haryana Urban Development Authority
- Respondent
- Munshi Ram
- Author
- S. N. Variava
- Bench
- S.N. Variava, A.K. Mathur
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 that awarded interest without considering the specific facts of each case. It mandated that the appellants refund the deducted TDS amount with interest at 12%, clarifying that this decision is not a precedent for future cases.