dated 06.04.2015, opposite
parties No.1 to 3 admitted to bear Pre-EMI interest on the loan amount
till December, 2015 under Subvention Scheme, which ... Hence, opposite parties No.1 to 3 are liable to bear Pre-EMI interest
with effect from 26.12.2012 (date of execution of Tripartite Agreement)
till
Opposite parties No.1 to 4 be directed to pay pre-EMI interest to
opposite party No.5-Bank, which has been withheld by them ... Scheme, opposite
parties No.1 to 4 were liable to pay pre-EMI interest to opposite party
No.5 till delivery of possession
subvention plan and under that Op No. 1 was to pay pre-EMI on
behalf of the complainant to Op No. 2 from the date ... sent email to Op No. 2 that pre-EMI
should be charged from the complainant w.e.f. 1.7.2016 as
intimation of possession has already
under the Subvention Scheme, whereby OPs were supposed to pay the pre-EMI interest on the amount financed from the date of disbursement of loan ... them, whereas OPs failed to do so and have paid the pre-EMI interest initially only up to December 2012, which was later on adjusted
have financed 80% of the total consideration amount and "no Pre-EMI/Interest till possession". Opposite Parties No.1 & 2 issued provisional ... have been making payments of the pre-EMI interest to OP No.3 from time to time amounting to Rs.25,160/-per month
complete. Till such commencement, the complainant is liable to
pay the pre-EMI interest, which was agreed simple interest charged
on the loan amount disbursed ... Under Clause 3, the developer had
agreed to pay pre-EMI interest on behalf of the allottee for 24
months from the date of disbursement
possession,
whichever was earlier and it was further informed that pre-EMIs
already paid by him to the Bank would be refunded subject to
clearance ... complete. Till such commencement, the complainant
is liable to pay the Pre-EMI interest, which is the agreed simple interest
charged on the loan amount
Under the subvention scheme, the opposite parties had agreed to bear
Pre-EMI interest payable to the Bank till December, 2014, but as the
Consumer ... complete. Till such commencement,
the complainant is liable to pay the Pre-EMI interest, which is the
agreed simple interest charged on the loan amount
respect of the unit, in question, alongwith pre-EMI installments, if any due, till date. It is also made clear that till the time ... shall be bound to pay the equal monthly installments/Pre-EMI interest to opposite party no.3, till realization.
To pay compensation
assurance given by opposite parties no.1 and 2 that Pre-EMI interest on the housing loan obtained from opposite party no.3 shall ... also at the same time, opposite party no.1 stopped paying Pre-EMI interest aforesaid, the complainants served legal notice dated 28.03.2016, as a result
