https://www.taxtmi.com/caselaws?id=105702 The Union Territory Consumer Disputes Redressal Commission found the Unit Trust of India guilty of deficiency in service for failing to make a maturity payment to the complainant. The Commission directed the Unit Trust of India to pay the maturity amount along with interest and compensation for mental harassment. Additionally, the Commission emphasized the legal liability of the Unit Trust of India in ensuring the correct delivery of payments and ruled that interest should be applied on the maturity amount from the due date until the actual payment date, affirming the decision of the District Forum. en-us Thu, 12 Oct 2000 00:00:00 +0530 Mon, 18 Feb 2013 16:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105702 The Union Territory Consumer Disputes Redressal Commission found the Unit Trust of India guilty of deficiency in service for failing to make a maturity payment to the complainant. The Commission directed the Unit Trust of India to pay the maturity amount along with interest and compensation for mental harassment. Additionally, the Commission emphasized the legal liability of the Unit Trust of India in ensuring the correct delivery of payments and ruled that interest should be applied on the maturity amount from the due date until the actual payment date, affirming the decision of the District Forum. Case-Laws Companies Law Thu, 12 Oct 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105702