Considering that the complainant was not interested in possession and wants only a refund, the national consumer disputes redressal commission (NCDRC) directed Tata Housing Development Co Ltd to refund the entire principal amount after deducting earnest money and pay the balance to the homebuyer.
The order dated May 4 was passed by Justice Ram Surat Ram Maurya, presiding member and Inderjit Singh, member, National Consumer Disputes Redressal Commission (NCDRC).
While directing the police to find out whether the documents submitted by Porsche India Pvt Ltd s dealer Porsche Center at Gurgaon are false and fabricated, the national consumer disputes redressal commission (NCDRC) asked the carmaker and the dealer to jointly pay Rs10 lakh compensation to a car buyer along with simple interest at 9%pa (per annum) for deficiency in service and unfair trade practice.
The National Consumer Disputes Redressal Commission has directed Porsche India Pvt Ltd and its Gurgaon Centre to pay Rs. 10 lakh compensation with simple interest @9% from the date of purchase of .
Refuting a builder s claim that delay compensation is not admissible under the law, the national consumer disputes redressal commission (NCDRC) directed Mumbai-based CCI Projects Pvt Ltd to pay delay compensation in the form of interest at 6% per annum on the deposits from the home buyers.