NCDRC_common builder- buyer agreements_unconscionable contracts
It is common parlance that, in the builder- buyer agreements the terms are framed as favorable and suitable to the builders/ service providers. In our view, these are unconscionable contracts. The builder exercise his right to charge penalty or interest at 18-24% on the delayed payment of installments. Thus, in our view, in the interest of natural justice the consumers at large deserve to receive same interest from opposite parties in cases of fault or deficiency.
NATIONAL CONSUMER DISPUTES REDRESSAL COMMISSION |
NEW DELHI |
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FIRST APPEAL NO. 374 OF 2015 |
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(Against the Order dated 26/03/2015 in Complaint No. 25/2007 of the State Commission Uttar Pradesh) |
1. SHEO PRAKASH GUPTA & ANR. |
S/O. LATE NANNHE LAL GUPTA, DIRECTOR OF M/S. SANSKRITI REAL, ESTATE PRIVATE LIMITED, R/O. 117/H-2/110, PANDU NAGAR |
KANPUR |
UTTAR PRADESH |
2. SHRI SANJAY GUPTA |
S/O. RADHEY SHYAM GUPTA, DIRECTOR OF M/S. SANSKRITI REAL, ESTATE PRIVATE LIMITED, R/O. 117/H-2/110, PANDU NAGAR, |
KANPUR |
UTTAR PRADESH |
| ...........Appellant(s) |
Versus | |
1. KANPUR DEVELOPMENT AUTHORITY |
THROUGH ITS CHAIRMAN, MOTIJHEEL, |
KANPUR, |
UTTAR PRADESH
Dated : 12 Jun 2017 |
| ...........Respondent(s)
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