Supreme Court · 2017 INSC 637 · Decided 18 July 2017

DR. Manjeet Kaur Monga (Dead) THR. Her Legal Heirs Karan Vir Singh Monga v. K. L. Suneja & ORS.

Court
Supreme Court of India
Citation
2017 INSC 637 · [2017] 6 S.C.R. 453
Case number
CIVIL APPEAL No. 5032/2016
Decided
18 July 2017
Bench
KURIAN JOSEPH, R. BANUMATHI (2-judge bench)
Outcome
Disposed off
Case type
Civil
Acts & sections cited
CPC Section 144

Headnote

Compensation: B Complaint against builder - Before Competition Appellate C Tribunal alleging that cancellation of house allotment by the builder was arbitrary, illegal and capricious - Seeking possession of the flat - Tribunal awarded compensation by invoking s.12-B Trade Practices Act directing to pay the entire amount deposited by the complaint (Rs.4,53,8501-) with D compound interest @ 15% per annum from the date of deposit till the date of cancellation i.e. 30.4.2005 - On appeal, held: The amount @ 15% compound interest on the amount deposited

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