TaxTMI 
TaxTMI 
2007 (2) TMI 329
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....r the Appellant. Mohan K. Parasaran, Ashok K. Srivastava, P. Parmeshwaran, Ms. Reena Singh and Ms. Neelam Singh for the Respondent. JUDGMENT Markandey Katju, J. - This appeal has been filed against the order passed by the Monopolies and Restrictive Trade Practice Commission, New Delhi (hereinafter referred to as "the Commission") dated 13-9-2004 in C.A. No. 193 of 2001. 2. Heard learned counsel....
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....him in the near future, the applicant was left with no alternative but to demand his amount paid along with interest at the rate of 21 per cent per annum. The amount was refunded to the applicant in the year 2001 without any interest as asked for. The applicant thus suffered losses on account of unfair trade practices adopted by the respondent, hence he sought compensation from the respondent by f....
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....ted cost was indicated at Rs. 6,64,000, the same was not worked out till the year 1998 when the first camp was held, in respect of allotment of such flats. The respondent also made no efforts to issue demand letters in respect of the remaining amount subsequent to the year 1995 when the last instalment was paid. On the other hand, the applicant was given an assurance that the possession of the fla....
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....of the payment till the date of refund. This appeal has been filed claiming interest at a higher rate. 7. Learned counsel for the appellant Shri Parag P. Tripathi referred to various decisions in which this Court has granted higher rate of interest e.g. Renusagar Power Co. Ltd. v. General Electric Co. 1994 Supp. (1) SCC 644. 8. We are of the opinion that there is no hard and fast rule about how ....