https://www.taxtmi.com/caselaws?id=172325 The Supreme Court ruled that interest at 18% per annum by the National Consumer Disputes Redressal Commission should be based on a finding of loss or injury. In a case involving non-delivery of a plot, the Court upheld the refund with interest decision due to delayed possession. The Court clarified that no additional refund could be claimed under the Interest Act if compensation for mental harassment had already been paid. The judgment emphasized that the case's unique circumstances prevent it from serving as a precedent, advising adherence to established principles in consumer dispute cases. en-us Tue, 31 Aug 2004 00:00:00 +0530 Wed, 02 Dec 2015 17:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172325 The Supreme Court ruled that interest at 18% per annum by the National Consumer Disputes Redressal Commission should be based on a finding of loss or injury. In a case involving non-delivery of a plot, the Court upheld the refund with interest decision due to delayed possession. The Court clarified that no additional refund could be claimed under the Interest Act if compensation for mental harassment had already been paid. The judgment emphasized that the case's unique circumstances prevent it from serving as a precedent, advising adherence to established principles in consumer dispute cases. Case-Laws Indian Laws Tue, 31 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172325