Supreme Court of India
Chandigarh Housing Board v. M/s. Parasvanath Developers Pvt. Ltd. & Anr.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
1 Supreme Court bench has cited this judgment.
What the Court ordered
In view of the foregoing observations, we find that the National Commission was right in directing the Developer and CHB to pay the principal sum of Rs. 1,03,31,250/- at 10% p.a. to the Complainant herein.
Judgment, page 12
From the headnote
Consumer Protection: Failure to deliver flat to the consumer – By the Developer – Due to the dispute between the Housing Board and the Developer which was referred for Arbitration – In the Award Arbitrator fixed the liability on the Developer and the Housing Board in respect of refund to the residential unit buyers in the ratio of 70:30 – National Consumer Commission directed refund of principal sum to the complainant @ 10% interest – It also directed payment of Rs.…
Where later benches applied it
Of those, 1 mentioned
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