Supreme Court Partially Allows Appeal in Consumer Dispute Against Builder for Delayed Possession and Deficiency in Service — Compensation Rate Enhanced from 6% to 9% p.a. The Court held that the NCDRC's formula for computing due date of possession was arbitrary and that the builder could not introduce new facts after forfeiting right to file written statement under Section 38(3)(a) of Consumer Protection Act, 2019.
15 Mar 2023The appellants, 46 home buyers, along with proforma respondents, filed a consumer complaint before the National Consumer Disputes Redressal Commission...
