https://www.taxtmi.com/caselaws?id=103184 The Punjab State Consumer Disputes Redressal Commission found the Unit Trust of India at fault for a two-year delay in transferring shares to the complainant's name due to a computer program error. The Commission awarded compensation of Rs. 15,000, including interest and litigation costs, to address the inconvenience caused by the delay. The judgment underscores the importance of efficient service in share transfers to prevent financial implications for consumers and highlights the need for timely redressal of consumer grievances. en-us Wed, 27 Oct 1993 00:00:00 +0530 Mon, 18 Feb 2013 16:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103184 The Punjab State Consumer Disputes Redressal Commission found the Unit Trust of India at fault for a two-year delay in transferring shares to the complainant's name due to a computer program error. The Commission awarded compensation of Rs. 15,000, including interest and litigation costs, to address the inconvenience caused by the delay. The judgment underscores the importance of efficient service in share transfers to prevent financial implications for consumers and highlights the need for timely redressal of consumer grievances. Case-Laws Companies Law Wed, 27 Oct 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103184