ALOK SHANKAR PANDEY vs UNION OF INDIA

The Supreme Court upheld the decision of the Monopolies and Restrictive Trade Practices Commission under Section 12B of the Monopolies and Restrictive Trade Practices Act, 1969, finding that the respondent exhibited deficiency in service by failing to provide possession of the flat despite receiving installments. The Court noted that the respondent's lack of communication and demand for the remaining amount constituted unfair trade practices. The Commission's order to pay 12% interest on the installments from the date of payment until refund was affirmed, though the appellant sought a higher interest rate.