Interest on refund is like compensation in consumer disputes: NCDRC
NEW DELHI: The National Consumer Disputes Redressal Commission (NCDRC), while holding builders liable for deficiency in service, observed that in consumer cases, awarding interest along with a refund serves as a form of compensation. The commission’s bench of Justice Sudip Ahluwalia and Sadhna Shanker was hearing an appeal filed by a builder against the orders of a state commission. The state commission had found the builder’s service deficient and directed a refund of Rs 34,27,747 with 12% interest, Rs 1 lakh as compensation, and Rs 11,000 as litigation costs to the complainant. On June 16, NCDRC modified the state commission’s…