since 1995.
(d) The State Commission erroneously relied on termination letter dated 12.8.2000. The simple interest @ 12% per annum provided no real compensation
already received by it in respect of the said premises together with simple interest @ 9% per annum from the date of the receipt ... termination of this agreement by the purchaser, the claim of the purchaser shall be restricted to refund of monies paid with simple interest
expiry of the
aforesaid grace period. In the event, the letter of termination is not received by
the Company within the said period ... waived his right to terminate this
Agreement. In the event that the termination is done within 90 days from the
expiry of the aforesaid grace
Puma Realtors Pvt. Ltd. vs Surinder Singh Grewal & Anr. on 11 October, 2018
Author
informed of the alleged termination of scheme and newspaper 'Times of India', in which the notice of termination was alleged to have been ... order of State Consumer Disputes Redressal Commission.
Since the notice of termination of the scheme was given to the investors, through individual letters, copy annexure
terminate the agreement by given 30 days' notice and on such termination this agreement and the agreement for sale shall stand terminated. The Developer ... First party viz., VAT, Service Tax etc., till the date of such termination will be non-refundable and not paid to the First party under
simple interest @9% per annum from the date of payment of each installments and the first of such 13th Month in which the cancellation/termination
which event, the Developer shall refund the amount of deposit along with simple interest @ 9% p.a. from the respective date of payment till payment ... Vide Notices dated 30.01.2018 and 08.02.2019, the Complainants requested the Developer for termination of the Agreement and refund of the deposited amount along with interest
Builder / Promoter in respect of the said Premises / Flat with simple interest of 12% per annum from the date the Builder/Promoter received such amount ... till the date of refund. In the event of such termination, neither Party shall have any other claim, against the other, in respect
petitioner as fixed deposit on
the same date i.e. 16.4.1996 @ 15% simple interest. The maturity date of the FD
was 15.4.2001. On maturity date ... total amount Rs.
95,751/-. This amount was refunded on termination of the loan subject to
however that there are no arrear or outstanding