Essayer OR - Gratuit
SC ups interest rate to 18% in ₹43 lakh refund case
The Free Press Journal - Mumbai
|September 27, 2025
The court observed that the developer’s conduct — marked by prolonged delays, unfair penalties on the buyer, and over a decade-long wait — warranted higher compensation
The Supreme Court has directed a Delhibased real estate developer M/s Business Park Town Planners Ltd. to refund over Rs43 lakh to a plot purchaser, with the simple interest rate enhanced from 9% to 18% per annum.
The order was delivered by a bench of Justices Dipankar Datta and Augustine George Masih, which turned down the earlier order of the national consumer disputes redressal commission (NCDRC) that had capped the interest at 9% p.a.
Cette histoire est tirée de l'édition September 27, 2025 de The Free Press Journal - Mumbai.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE The Free Press Journal - Mumbai
The Free Press Journal - Mumbai
IDEAS THAT DELIVER
A quarter century later, the Effies continue to reward the industry's most powerful currency: creativity that delivers results.
2 mins
February 16, 2026
The Free Press Journal - Mumbai
Point Taken, Value Missed
The growing gap between loyalty points earned and redeemed is a warning signal about their perceived value.
2 mins
February 16, 2026
The Free Press Journal - Mumbai
High Court Slams “Joke-Like” Punishments in Crime Rulings
The Allahabad High Court has sharply criticised lenient sentences handed down in criminal cases, observing that punishments should not be so light that they appear laughable or fail to serve as a deterrent.
1 min
February 16, 2026
The Free Press Journal - Mumbai
State Budget session from today
The state assembly's budget session will start on Monday, with the address of Governor Mangubhai Patel.
1 min
February 16, 2026
The Free Press Journal - Mumbai
Clinical West Indies thump Nepal in one-sided contest
The Windies sail into the Super Eight stage
1 mins
February 16, 2026
The Free Press Journal - Mumbai
“How Can I Seek Protection from Those Who Want Me Dead?”
The controversy surrounding Swami Avimukteshwaranand Saraswati, a claimed Shankaracharya of Jyotir Math, has taken a new turn with serious allegations and ideological clashes coming to the fore.
1 min
February 16, 2026
The Free Press Journal - Mumbai
UP cough syrup case; Police attach assets
A joint team of the Mughalsarai police station and the Crime Branch here on Sunday attached immovable properties worth around Rs 3.5 crore allegedly acquired through the illegal trade of codeine-based cough syrup.
1 min
February 16, 2026
The Free Press Journal - Mumbai
An Inflection Point: Education and National Development
India stands at a pivotal moment in its educational history.
2 mins
February 16, 2026
The Free Press Journal - Mumbai
Govt doctors launch indefinite strike
Government medical college teachers across Kerala have begun an indefinite strike from Monday, suspending outpatient clinical services and academic activities in a move that threatens to disrupt healthcare delivery across the state’s largest public hospitals.
1 min
February 16, 2026
The Free Press Journal - Mumbai
SP Leader Dies as Petrol Pump Sign Falls on Moving Car in
A tragic accident in Pratapgarh district claimed the life of a local Samajwadi Party (SP) leader on Sunday after a heavy petrol pump signboard suddenly fell onto his moving car, crushing the vehicle.
1 min
February 16, 2026
Listen
Translate
Change font size