Supreme Court · 1999 INSC 319 · Decided 11 August 1999

Sovintorg (India) LTD. v. State Bank of India, New Delhi

Court
Supreme Court of India
Citation
1999 INSC 319 · [1999] SUPP. 1 S.C.R. 337
Case number
CIVIL APPEAL No. 823/1992
Decided
11 August 1999
Bench
S. SAGHIR AHMAD, R.P. SETHI (2-judge bench)
Outcome
Case Partly allowed
Case type
Civil
Acts & sections cited
CPC Section 34; Consumer Protection Act Section 14

Headnote

B Consumer Protection Act, 1986: Section 14-Interest-Award of-Customer deposited Rs. I lakh in bank but same not credited to its account for 7 years-State Commission C found bank not wrong in retaining amount-Hence, claim for compensation and damages, rejected-However, State Commission awarded 12% between parties for payment of interest on delayed deposit or service, interest cannot be claimed under S.34 CPC since this provision has not been D specifically made applicable to the proceedings under the Act-However, the general provisions of S.34 CPC, being based upon justice, equity and

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