discussed in Para 36 (in CC No.533/2016), alongwith simple interest @15% per annum, to the respective complainant(s), from the respective dates ... failing which, the Opposite Parties shall pay the aforesaid amounts alongwith simple interest @18% per annum, instead of 15% per annum, from the date
initial Agreement of their respective flats, compensation in the form of simple interest at the rate of 12% per annum with effect from 36 months ... their respective flats, shall be paid compensation by way of simple interest at the rate of 12% per annum, with effect from 36 months from
complainant, when given the option to seek refund with 9% simple interest, agreed to continue with allotment and also agreed to delay and, as such
Usha Rani vs Puma Realtors Pvt. Ltd. on 17 July, 2017
Daily Order
STATE CONSUMER
Section 19. (6) An assessee shall be liable to pay simple interest at the rate of two per centum for each English calendar month, from
adding the agreed sale consideration to compensation in the form of simple interest @ 18% per annum from the date of each payment till the date ... service tax and VAT along with compensation in the form of simple interest @ 10% per annum from the date of each payment till the date
interest payable under sub-section (1) shall be reduced by the interest, if any, paid under section 140A towards the interest chargeable under this section ... reduced by the interest, if any, paid under section 140A towards the interest chargeable under this section;
(ii) thereafter, interest shall be calculated
complainants, when given the option to seek refund with 9% simple interest, agreed to continue with allotment and also agreed to delay and, as such ... complainants, to seek refund of the deposited amount, alongwith simple interest @9% p.a. The complainants exercised former option and continued to make payment
project by the buyer for his other business venture at nominal interest of 2-3 per cent as against much higher bank lending rates. This ... opposite party shall pay compensation in the form of simple interest @ 12% per annum from the expected date of possession till the date on which
therefore, held entitled to interest as under:-
(a)
12% per annum simple interest on the amount(s) deposited ... with interest @15% p.a. (simple), 15% p.a. (simple) and 11% p.a (simple) respectively, from the date of default, till realization
