Binoy Kumar News Today

Holding the Unit Trust of India (UTI) responsible for deficiency in service by not refunding money invested by an investor beyond the conversion of the units into assured returns schemes (ARS) bonds, the national consumer disputes redressal commission (NCDRC) directed UTI to pay a compensation of Rs56,400 to the investor.

MINISTRY OF CONSUMER AFFAIRS, FOOD AND PUBLIC DISTRIBUTION NCDRC & Department Of Consumer Affairs Claims A Disposal Rate Of 188% In The Month Of August, 2023 In an official government...

Supreme Court Negligence By Doctor | Insurer Liable To Reimburse Compensation To Complainant To The Extent Of Its Liability Under The Policy: Supreme Court Case Title: Nagarmal Modi Sewa...

Coming down heavily for filing a frivolous petition and invoking the courts jurisdiction for small and trivial matters, the national consumer disputes redressal commission (NCDRC) directed Northern Railways to pay a compensation of Rs25,000 to a passenger.

Delhi High Court Single Benches In NCDRC: Delhi High Court Issues Notice To Examine NCDRCs Jurisdiction And Bench Constitution Case Title: NBCC India Limited vs. Randhir Singh Redhu and Ors....

A weekly round-up of development in Consumer Law jurisprudence. Nominal Index Dr. Hemant & Anr. vs Zenal Construction Private Limited & Anr.Life Insurance Corporation of India vs Jagjit &...

Coming down heavily on the Railways for refusing to accept a computer-generated print-out and then levying a fine on a passenger for failing to show an original ticket, the national consumer disputes redressal commission (NCDRC) advised the chief executive of the Railways to look into this matter and to inculcate accountability and systemic improvements so that consumers, at large, are not put to such loss and injury in future.

Rejecting the Life Insurance Corporation of India (LIC)s contention that there was a material suppression of the health condition in the proposal form by the deceased life assured (DLA), the national consumer disputes redressal commission (NCDRC) directed the insurer to pay an Rs4 lakh death claim with 9% interest to the wife of the DLA.

The agreement will aim to protect homebuyers from potential abuses, reduce disputes, and provide effective grievance redressal mechanism to consumers.

National consumer dispute redressal commission (NCDRC) has ordered New Delhi-based Emaar MGF Land Ltd to refund Rs 94.83 lakh along with an interest of 9% per annum to the homebuyers Dr Nidhi Patni and Dr Sanjeev Kumar Patni.