Supreme Court of India
H.u.d.a v. Prem Kumar Agarwal & Anr.
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1 Supreme Court bench has cited this judgment.
From the headnote
Interest - Rate of - Allowed by National Consumer Commission at the rate of 18% per annum - Propriety of - Held: Rate of interest has to be based on current rate - Hence c rate of interest directed to be at the rate of 12%. National Consumer Disputes Redressal Commission allowed interest @ 18% per annum on the appellant- Authority holding that the Authority could. not charge price for alternative plot allotted to the respondent, over and '-c~ above the price of original plot. In the present appeal, the authority has challenged the award of interest as being on the high side. Partly allowing
Where later benches applied it
Of those, 1 relied on
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