Refunded Amount Should Be Paid From Date Of Deposit To Ensure Restitution: NCDRC
The National Consumer Disputes Redressal Commission, presided by Mr. Subhash Chandra and AVM J. Rajendra, held that the refunded amount should be paid from the date of deposit and should be both restitutionary and compensatory. Brief Facts of the Case The complainant booked a flat with the Punjab Urban Planning & Development Authority/developer and paid ₹3,00,000 as earnest money. The complainant filed a complaint before the District Commission and claimed ₹7,50,000 with 18% interest per annum and ₹1,00,000 as compensation for mental harassment, citing deficiency in service. Observations by the National Commission The National Commission observed that the primary issue at this stage was determining the appropriate compensation and interest applicable to the refund owed to the complainant.
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