Supreme Court of India · 2009-04-29
RAMA KANT BHARADWAJ vs HARYANA STATE IND. DEV.CORP.LTD.
- Citation / case number
- SC 2000/21208
- Court
- Supreme Court of India
- Petitioner
- RAMA KANT BHARADWAJ
- Respondent
- HARYANA STATE IND. DEV.CORP.LTD.
Judgment text excerpt
The Supreme Court upheld the orders of the National Consumer Disputes Redressal Commission, directing the Haryana State Industrial Development Corporation to charge simple interest at 15.5% per annum, as opposed to compound interest, in accordance with Section 27 of the Consumer Protection Act. The Court found no merit in the appellant's claims regarding the computation of interest, affirming that the Corporation had complied with the Commission's directives. The appeal was dismissed, reinforcing the Commission's authority in consumer disputes.