News Muncher - category ncdrc

23 hours, 32 minutes ago

Your credit card defaults may pinch much more

Mumbai: The next time you miss credit card payments, you may be hit by much higher interest charges and late fees then what you may be paying now.In a move that will give lenders more freedom to set their own interest rates for credit card defaults, the Supreme Court has set aside an order of the National Consumer Disputes Redressal …

Credit Bank Pay Interest Rates Interest Card Rates

Apex Court Sets Aside Interest Rate Cap On Late Credit Card Bill Payments

ABP News

The Supreme Court on Friday set aside an order from the National Consumer Disputes Redressal Commission regarding interest rates on late credit card bill payments. The court ruled that interest rates will not be capped at 30 per cent per annum for late bill payments related to credit cards. Notably, the NCDRC earlier in 2008 ruled that levying more than …

Credit Interest Rates Card Rate Rbi Ncdrc Court Sets

SC allows banks to charge over 30% interest on credit card; overturns NCDRC cap

The Hindu

The Supreme Court on Friday allowed appeals filed by banks challenging a 2008 National Consumer Disputes Redressal Commission order, which held that charging over 30% interest on credit card dues amounted to unfair trade practice under the Consumer Protection Act. The NCDRC had passed the order in 2008 on the questions whether banks could charge the credit card users interest …

Credit Card Interest Ncdrc

3 days, 6 hours ago

Insured Cannot Assume Obligation On Part Of Bank To Renew Policy: NCDRC

Live Law

The National Consumer Disputes Redressal Commission, presided by AVM J. Rajendra overruled the State Commission's order against SBI and held that the insured cannot assume obligation on the bank's part to renew the policy unless agreed otherwise. The loan terms required the stock, machinery, and furniture to be insured with United India Insurance/insurer, with premiums deducted from the complainant's account. …

Insurance Bank State Commission Complainant Renew Insurer Policy

3 days, 8 hours ago

Surveyor's Report Can Only Be Rejected Only On Valid Grounds: NCDRC

Live Law

The National Consumer Disputes Redressal Commission, presided by Mr. Subhash Chandra and AVM J. Rajendra in an appeal against United India Insurance held that a surveyor's report is mandatory for insurance claims and it can only be rejected on reasonable grounds. The surveyor found 46.667% under-insurance for the building and stated machinery and potato stocks were not covered under the …

Policy Insurance Building Report Commission Complainant Insurer

4 days, 10 hours ago

Doctor Not Liable For Negligence If Chosen Treatment Recognized As Sound Medical Practice: NCDRC

Live Law

The National Consumer Disputes Redressal Commission, presided by AVM J. Rajendra held that doctors are not liable for medical negligence if the disputed treatment is recognized as sound medical practice. Contentions of the Opposite Party The doctor denied treating the complainant and stated that the Specialist handled all the treatment, so he wasn't responsible for any alleged negligence. A doctor …

Medical Medical Negligence Court Negligence Three Months Commission Doctor

5 days, 8 hours ago

Insurance Policies Must Be Read Holistically: NCDRC Holds LIC Liable For Deficiency In Service

Live Law

The National Consumer Disputes Redressal Commission, presided by Justice A.P. Sahi and Dr. Inder Jit Singh held that insurance policies should be read inclusively to meet the reasonable expectations of the insured. Brief Facts of the Case The complainant's deceased son had a life insurance policy from Life Insurance Corporation/insurer. After examining the insurance policy clauses, it concluded that the …

Policy Insurance Commission Insurer Insurance Policies Lic

6 days, 5 hours ago

NCDRC Cannot Act As An Appellate Court To Re-Examine Facts

Live Law

The National Consumer Disputes Redressal Commission, presided by AVM J. Rajendra held that the NCDRC's revisional jurisdiction is limited in nature and it cannot act as an appellate body. Brief Facts of the Case The complainant purchased a plot from a third party, proprietor of M/s Prachi Trade Line, through a registered sale deed. The complainant sought an order from …

Transfer State Commission Act Ncdrc District Forum

6 days, 9 hours ago

Completed Wrong With Ongoing Effects Does Not Constitute Continuing Wrong: NCDRC Dismisses Petition Against ICICI

Live Law

The National Consumer Disputes Redressal Commission, presided by AVM J. Rajendra dismissed a petition against ICICI barred by limitation and held that a completed wrong becomes a continuing wrong only when the breach of duty persists Brief Facts of the Case The complainants availed two housing loans from the bank. Consequently, the bank filed an appeal before the State Commission …

Bank Complaint Wrong District Forum Ncdrc Dismisses Continuing Continuing Wrong

6 days, 11 hours ago

NCDRC Upholds The Sacrosanct Nature Of Procedural Timeline Of 45 Days For Filing Written Statement

Live Law

The National Consumer Disputes Redressal Commission bench presided by Dr. Inder Jit Singh has underscored the importance of procedural timeline given under the Consumer Protection Act for filing of written statement. Brief background: Authorised representatives of builders Lucina Land Development ltd. and Diana infrastructure ltd. failed to file their written reply to a complaint within the 45 days timeline as …

45 Days Written Statement Timeline Procedural Timeline

1 week, 2 days ago

Purchases For Earning Livelihood Qualify As Commercial Purposes If Operated Solely By Others: NCDRC

Live Law

The National Consumer Disputes Redressal Commission, presided by AVM J. Rajendra held that purchases for earning a livelihood through self-employment qualify as commercial purpose if operated solely by others. Contentions of the Opposite Party The manufacturer argued that the machines were bought for commercial use to earn profits, so the complainant did not qualify as a consumer under the Act. …

National Commercial Purpose Commercial Commission Complainant Machines Commercial Purposes

1 week, 2 days ago

Violations Must Constitute Fundamental Breach To Deny Insurance Claim: NCDRC Holds Bharti General Insurance Liable For Deficiency In Service

Live Law

The National Consumer Disputes Redressal Commission, presided by AVM J. Rajendra held that for an insurer to deny a legitimate claim, the violations alleged by them have to constitute a fundamental breach. Observations by the National Commission The National Commission observed that the central issue in this case was whether leaving the key in the vehicle was a fundamental breach …

Insurance Theft Commission Vehicle Insurer Key Claim

1 week, 2 days ago

Bank's Role As Intermediary Does Not Create Privity Of Contract With Insured: NCDRC Holds Insurance Company Liable

Live Law

The National Consumer Disputes Redressal Commission, presided by Mr. Subhash Chandra and AVM J. Rajendra, in a petition by Sarva Haryana Gramin Bank held that a bank's role as an intermediary does not create a privity of contract with the insurer. Brief Facts of the Case Under the Prime Minister Fasal Bima Yojna, Sarva Haryana Gramin Bank was responsible for …

Insurance National Bank Company Crop Premium Commission

1 week, 2 days ago

Surveyor's Report Can Only Be Rejected On Valid Grounds: NCDRC

Live Law

The National Consumer Disputes Redressal Commission, presided by Mr. Subhash Chandra and AVM J. Rajendra in an appeal against United India Insurance held that a surveyor's report is mandatory for insurance claims and it can only be rejected on reasonable grounds. The surveyor found 46.667% under-insurance for the building and stated machinery and potato stocks were not covered under the …

Policy Building Report Commission Complainant Machinery United India Insurance

1 week, 5 days ago

Zero Liability For Customers If Unauthorized Transactions Occur Without Their Fault: NCDRC Holds Union Bank Of India Liable For Deficiency In Service

Live Law

The National Consumer Disputes Redressal Commission, presided by AVM J. Rajendra held Union Bank of India liable for deficiency in service owing to occurrence of unauthorized transactions. Contentions of the Bank The bank disputed the registered mobile number for the account and argued that the OTPs for the disputed transactions were sent to the complainant's registered number. Observations by the …

Bank Commission Number Transactions Union Bank Of India Unauthorized Complainant Filed

1 week, 5 days ago

Raising Demand For Undisputed Consumption Of Electricity Not Deficiency In Service: NCDRC

Live Law

The National Consumer Disputes Redressal Commission, presided by AVM J. Rajendra dismissed a petition by SBI and held that electricity charges become “first due” only after a bill is issued, even though liability arises on consumption. Brief Facts of the Case The complainant, SBI, is a consumer of electricity supplied by Jaipur Vidyut Vitran Nigam Limited/electricity company. The complainant argued, …

Electricity Service Company Demand Commission Bill Deficiency

2 weeks, 5 days ago

Can NCDRC Technical Member Sitting Singly Preside Over Bench? Supreme Court To Consider

Live Law

The Supreme Court recently stayed proceedings in a consumer case pending before the National Consumer Disputes Redressal Commission, on challenge to an order passed therein by a Technical Member alone.A bench of Justices Dipankar Datta and Sandeep Mehta granted stay upon hearing Senior Advocate Trideep Pais for the appellant, who contended that the impugned order suffered from the vice of. …

Supreme Court Court Order Technical Judicial Bench Member

3 weeks, 1 day ago

NCDRC Upholds SBI Life Insurance's Rejection Of Insurance Claims Due To Non-Disclosure Of Material Facts

Live Law

The National Consumer Disputes Redressal Commission presided by AVM J. Rajendra, AVSM VSM, upheld SBI Life Insurance's decision to reject the complainant's claims on the grounds of non-disclosure of the deceased's drug addiction before obtaining the policy. Brief facts: The deceased assured took life insurance worth Rs.5,00,000/- from SBI Life Insurance Company Ltd on 31.01.2013. Contentions of SBI Life Insurance: …

Insurance Life Company State Commission Life Insurance Commission Facts

3 weeks, 2 days ago

Signing Discharge Voucher Does Not Prevent Insured Parties From Pursuing Claims : NCDRC Holds Bajaj Allianz Insurance Liable For Deficiency In Service

Live Law

The National Consumer Disputes Redressal Commission, presided by Justice Karuna Nand Bajpayee and Dr. Sadhna Shanker, held that the denial of an insurance claim merely on the basis that the insured signed discharge vouchers is arbitrary and amounts as deficiency in service. Observations by the National Commission The National Commission observed that the main issue was whether the insurance company …

Insurance Company Commission Complainant Insured

3 weeks, 2 days ago

NCDRC Holds Yatri Hotel Liable For Service Deficiency In Fire Incident Resulting In Fatality

Live Law

The National Consumer Disputes Redressal Commission, presided by Mr. Subhash Chandra and Dr. Sadhna Shanker, held that the hotel's failure to manage the fire outbreak, leading to fatalities, constitutes negligence and a deficiency in service. Brief Facts of the Case The complainant's son, a government school teacher, stayed at Yatri Hotel where an electric malfunction on the first floor was …

Commission Hotel Yatri Hotel

Withholding Deposit Without Any Prospect Of Delivering Possession: NCDRC Holds Realtech Development Liable For Deficiency In Service

Live Law

The National Consumer Disputes Redressal Commission, presided by Justice Karuna Nand Bajpayee and Dr. Sadhna Shanker, held that withholding the buyer's deposit amount beyond the estimated date without any prospect for delivering the possession amounts as deficiency in service. Brief Facts of the Case The complainants booked a residential unit from Realtech Development and Infrastructure/developer for Rs. Despite repeated inquiries, …

Developer Complainants Deficiency In Service

3 weeks, 3 days ago

Insurance Claim Must Be Calculated On Reinstatement Value Basis When Terms Of Policy Provide For Same: NCDRC

Live Law

The National Consumer Disputes Redressal Commission bench presided by Justice Sudip Ahluwalia and Rohit Kumar Singh has directed “New India Assurance Co. Ltd.” to re-calculate the insurance claim of the Complainant based on the Reinstatement Value as per the terms of the insurance policy. The primary contention was that though the Insurance policy was on a Reinstatement Value Basis, the …

Policy Consumer Company Report Complainant Appointed Claim

3 weeks, 3 days ago

NCDRC Holds Rajasthan Housing Board Liable For Deficiency In Service For Arbitrary Cancelling Booking

Live Law

The National Consumer Disputes Redressal Commission, presided by Justice Sudip Ahluwalia and Mr. Rohit Kumar Singh, held that raising demand for additional amounts and arbitrary cancelling of the booked flat amounts as deficiency in service. Contentions of the Developer The developer argued that the complainant provided contradictory affidavits regarding her income and failed to deposit the required registration amount of …

Income Commission Complainant Developer Hig

3 weeks, 4 days ago

Buyer Cannot Be Made To Wait Indefinitely For Possession : NCDRC Holds Lodha Construction Liable For Deficiency In Service

Live Law

The National Consumer Disputes Redressal Commission, presided by Mr. Subhash Chandra and Dr. Sadhna Shanker, held that making buyers wait indefinitely for possession amounts to deficiency in service. It directed the builder to pay interest on the amount paid by the complainant at 6% per annum from the end of the grace period until the complaint filing and 9% per …

National Delay Commission Complainant Builder Possession Lodha

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Articles for Ncdrc

Your credit card defaults may pinch much more

Apex Court Sets Aside Interest Rate Cap On Late Credit Card Bill Payments

SC allows banks to charge over 30% interest on credit card; overturns NCDRC cap

Insured Cannot Assume Obligation On Part Of Bank To Renew Policy: NCDRC

Surveyor's Report Can Only Be Rejected Only On Valid Grounds: NCDRC

Doctor Not Liable For Negligence If Chosen Treatment Recognized As Sound Medical Practice: NCDRC

Insurance Policies Must Be Read Holistically: NCDRC Holds LIC Liable For Deficiency In Service

NCDRC Cannot Act As An Appellate Court To Re-Examine Facts

Completed Wrong With Ongoing Effects Does Not Constitute Continuing Wrong: NCDRC Dismisses Petition Against ICICI

NCDRC Upholds The Sacrosanct Nature Of Procedural Timeline Of 45 Days For Filing Written Statement

Purchases For Earning Livelihood Qualify As Commercial Purposes If Operated Solely By Others: NCDRC

Violations Must Constitute Fundamental Breach To Deny Insurance Claim: NCDRC Holds Bharti General Insurance Liable For Deficiency In Service

Bank's Role As Intermediary Does Not Create Privity Of Contract With Insured: NCDRC Holds Insurance Company Liable

Surveyor's Report Can Only Be Rejected On Valid Grounds: NCDRC

Zero Liability For Customers If Unauthorized Transactions Occur Without Their Fault: NCDRC Holds Union Bank Of India Liable For Deficiency In Service

Raising Demand For Undisputed Consumption Of Electricity Not Deficiency In Service: NCDRC

Can NCDRC Technical Member Sitting Singly Preside Over Bench? Supreme Court To Consider

NCDRC Upholds SBI Life Insurance's Rejection Of Insurance Claims Due To Non-Disclosure Of Material Facts

Signing Discharge Voucher Does Not Prevent Insured Parties From Pursuing Claims : NCDRC Holds Bajaj Allianz Insurance Liable For Deficiency In Service

NCDRC Holds Yatri Hotel Liable For Service Deficiency In Fire Incident Resulting In Fatality

Withholding Deposit Without Any Prospect Of Delivering Possession: NCDRC Holds Realtech Development Liable For Deficiency In Service

Insurance Claim Must Be Calculated On Reinstatement Value Basis When Terms Of Policy Provide For Same: NCDRC

NCDRC Holds Rajasthan Housing Board Liable For Deficiency In Service For Arbitrary Cancelling Booking

Buyer Cannot Be Made To Wait Indefinitely For Possession : NCDRC Holds Lodha Construction Liable For Deficiency In Service