Compensation Should Be Both Compensatory And Restitutionary: NCDRC

Ayushi Rani

5 Sept 2024 7:17 PM IST

  • Compensation Should Be Both Compensatory And Restitutionary: NCDRC

    The National Consumer Disputes Redressal Commission, presided by Mr. Subhash Chandra and Dr. Sadhna Shanker, held that compensation should serve both to reimburse for losses and to restore what was lost, with 9% interest considered reasonable. Brief Facts of the Case The complainant had entered into two agreements with the developer and the landowners for purchasing a flat and a...

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