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Ambrish Kumar Shukla & 21 Ors. vs Ferrous Infrastructure Pvt. Ltd. on 19 January, 2016

It is found that the judgment of Ambrish Kumar Shukla (supra) is silent on the issue of value of goods and services in cases // 17 // where refund has been requested. Obviously, there is difference in the cases where parties want to go ahead and conclude the sale of goods or availment of services and where one party is only seeking the refund and thereby clearly deciding for non-execution of the agreement. In the cases of refund the value of goods or services has to be the value of the amount paid as the component of "amount promised" would be absent. In the present case, amount deposited is Rs. 25,10,502/- and compensation of Rs.5,00,000/- has been demanded. Thus, the total fugure does not cross the limit of Rupees One Crore, which is necessary for this Commission to exercise its jurisdiction. Even the addition of demanded interest shall not make the total value more than Rs. One Crore. In these circumstances , this Commission does not have pecuniary jurisdiction to decide the instant complaint case."
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