The National Consumer Disputes Redressal Commission dismissed a flat buyer's plea for a refund from a builder facing liquidation, highlighting the challenges faced by consumers in stalled real estate projects.
A consumer commission in Nagpur, Maharashtra, has penalised Axis Bank for deficiency in service, ordering a refund and compensation to a customer over a failed ATM transaction from 2018.
The Supreme Court on Friday said lawyers and professionals with 10 years of experience will be eligible for appointment as president and member of the state consumer commission and district forums.
The company spokesperson expressed disappointment with the "unprecedented step of filing of a complaint before the NCDRC"
Pending consumer dispute cases are at an all-time high.
'Some cases do not get a single hearing for 6 to 8 months, while some have been pending for as long as 8 years.'
State real estate regulators are the best option for home-buyers when it comes to seeking relief. The cases are disposed much faster, and the individuals don't need to engage lawyers as the process is simpler, says Tinesh Bhasin.
From Rafale relief to heat on realtors, 10 landmark Supreme Court judgments in 2018.
Thomas Ninad's bank account was defrauded of Rs 14 lakh under mysterious circumstances.
'The man who has been Gujarat's chief minister for 13 years has no understanding of the ills affecting the farmers and agriculture in India.'
Indian economy about to take-off
