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NCDRC 2008 ORDER
SBI charges Rs 4,400 for bounced EMIs; customer contests and wins Rs 1.7 lakh after 15 yearsA Delhi consumer has won a 15-year legal battle against SBI, securing Rs 1.7 lakh. The bank wrongly charged her Rs 4,400 in EMI bounce fees...- SC sets aside NCDRC’s 2008 order that barred banks from charging interest rates over and above 30% from credit card holdersThe Supreme Court overturned a 2008 order that capped credit card interest rates at 30%. This ruling favors banks like Citibank and America...
- Kotak Securities was ordered to refund Rs 5.67 lakh lost in F&O trading to NRI after 13 years of long fightKotak Securities: A retired non-resident Indian (NRI) in Kochi, Kerala won a consumer case against Kotak Securities, a subsidiary of Kotak ...
- Cheque fraud victims to get Rs 74 lakh from Axis Bank after 15 years long legal fightAxis Bank cheque fraud: Five victims of cheque fraud at Axis Bank will get Rs 73.93 lakh (including compensation) after fighting with the b...
- Is your house stuck in a stalled real estate project? How five homebuyers took on builders to get their housesNearly five lakh houses are stuck in stalled projects in just top seven cities. Find out how some gutsy homebuyers took on builders to get ...
- Borrowers don't have to be told individually about change in rates: Consumer courtThe national consumer court has ruled that banks are not required to inform each borrower individually about any automatic change in intere...
- NCDRC directs IRDA to look into role of agents selling life insurance policiesThe NCDRC was hearing an appeal filed by HDFC Standard Life lnsurance Company Limited challenging an order of the state consumer disputes r...
- ‘No one’s thinking of the homebuyer’Flats in Wish Town were booked mostly between 2008 and 2009 and should have been ready by 2011-2012. However, the deliveries stopped after ...
- Supreme Court empowers home buyers to claim refundsRERA is a buyer-centric law where if a builder fails to deliver a project within the prescribed time frame then the buyer has a right to ca...
- Buyer can't wait indefinitely for flat, says SC on seven-year delayThe court said a buyer cannot be required to wait indefinitely for possession of his house.
- Non-disclosure of other insurance policies not fraudulent concealment: NCDRCNational Consumer Disputes Redressal Commission has upheld that non-disclosure of other insurance policies cannot be considered as fraudule...
- Compensate 3 passengers for denied boarding: NCDRC to Air FranceThe National Consumer Disputes Redressal Commission (NCDRC) held that not permitting a passenger holding a confirmed ticket to board a flig...
- HDFC Bank has no love and respect for India: NCDRCThe apex commission enhanced the compensation from Rs 50,000 to Rs 5 lakh to Chandigarh residents, senior advocate Mohinderjit Singh Sethi ...
- Breach of promises: Home buyers take legal route against builder frauds, delaysHome buyers are increasingly becoming aware of their rights and are approaching different grievance forums to file complaints and criminal ...
- Angry home buyers use social media to fight against errant buildersBuyers are banding together to fight for their homes using all the means at their disposal, including staging unique protests at sites & go...
- Emaar MGF asked to refund money paid for booking plotEmaar MGF Land Ltd has been directed by the apex consumer forum to refund Rs 2.4 lakh to a man for "deficiency" in service.
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