Search Results for "Interest Rate"

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Search Results for "Interest Rate"

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Supreme Court

Appeal Against NCDRC Order on Delayed Flat Possession: Developer's 9% Interest Demand Quashed. Supreme Court overturns NCDRC's direction allowing the developer to charge 9% interest on the balance payment; possession to be handed over within 30 days post-final settlement.

10 Apr 2024

This appeal challenges the final order dated 23rd January 2023 passed by the National Consumer Disputes Redressal Commission (NCDRC), which allowed a ...

Supreme Court

Supreme Court dismisses SSPL’s appeal, upholds High Court’s decision setting aside arbitral award. The Supreme Court reinforces the statutory provisions of the Interest on Delayed Payments Act, 1993, emphasizing the applicability of the 120-day limit for payments and the role of the amended proviso in contractual obligations.

5 Mar 2024

Leave Granted:The Court granted leave to appeal in this case involving Snehadeep Structures Pvt. Ltd. (SSPL) and Maharashtra Small Scale Indus...

Supreme Court

Supreme Court Dismisses Appeal in Loan Interest Dispute: Borrower Bound by Adjustable Interest Agreement. Borrower’s claim of misrepresentation on interest rates by HDFC rejected as court upholds contractual obligations.

4 Mar 2024

The Supreme Court dismissed the appellant’s claim regarding unfair trade practices in a home loan agreement. The court upheld the terms of the agree...