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2019 (3) TMI 1789 - Commission - Indian LawsAllotment of a residential apartment in a project - grievance of the complainant is that the possession of the apartment was not offered and even the construction was not completed despite they having already paid part payment to the OP - HELD THAT:- The learned counsel for the complainants states on instructions that in order to avoid any further litigation in the matter, the complainants are restricting their claim to the refund of the principal amount paid by them to the OP alongwith compensation in the form of simple interest @ 10% per annum w.e.f. 10.07.2017, which was the interest awarded by the Hon'ble Supreme Court to another allottee of this very project by way of a consent order dated January 28, 2019 in Civil Appeal Diary No.48101 of 2018, provided that payment is made within four weeks. The OP shall refund the entire amount received from the complainants to them alongwith compensation in the form of simple interest @ 10% per annum w.e.f. 10.07.2017 till the date of entire payment, within four weeks from today, provided that the entire payment is made, within four weeks from today, failing which the interest shall be payable from the date of each payment to the OP, till the date of entire payment to the complainants in terms of this order.
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