Companies & Sectors
BSES moves Supreme Court to stop NTPC from cutting power in Delhi

Two BSES units approached the Supreme Court against a notice issued by NTPC for cutting power supply of Delhi, if its dues are not cleared by the Anil Ambani-led power distribution companies

BSES Rajdhani Pvt Ltd and BSES Yamuna Pvt Ltd, the two power distribution companies from Delhi has approached the Supreme Court against a notice by state-run NTPC to cut power supply of the capital due to non-clearance of dues.

 

The counsel appearing for BSES submitted that a matter connected to this case is coming up for hearing on Friday and pleaded that its fresh plea be also heard with it. A bench headed by Chief Justice P Sathasivam, before whom the matter was mentioned for an urgent hearing, agreed to the plea and posted the case for hearing on Friday.

 

Last week, NTPC issued notices to the two Anil Dhirubhai Ambani group (ADAG) power distributor on the issue of payment security mechanism and non-payment of outstanding dues to the state-run power producer.

 

On 4th February, NTPC said it was in trouble and unless its dues are cleared, the company may have to stop power supply to these discoms. It said it would have to cut supply by nearly 2,000mw.

 

BSES Rajdhani and BSES Yamuna owe money for the power they bought in December and billed in January.

 

NTPC had said that currently there was no letter of credit available for the two companies.

 

BSES Rajdhani's last letter of credit was encashed on 31st January, leaving a shortfall of Rs271.61 crore. There is a payment shortfall of Rs96.07 crore on BSES Yamuna, NTPC said.

 

Meanwhile the Appellate Tribunal for Electricity on Wednesday directed Delhi power regulator DERC not to take a final decision on revoking the licences of BSES discoms without its permission.       

 

In an interim petition, the BSES discoms has sought the intervention of the apex electricity tribunal on the issue.

User

Consumer Forum asks Lodha group to refund 90% of booking amount

Lodha group has been directed by the Thane consumer forum to refund 90% of token amount with 9% interest to a customer, who wanted to cancel the booking

The Thane District Consumer Redressel Forum has asked Lodha group to refund 90% of the amount paid by a customer to book a flat in their project, along with a compensation of Rs25,000 as legal expenses.

 

In an order issued on 1st February, the Forum, presided by Umesh Jhawalikar and member ND Kadam said, "If the respondent- Lodha Group- fails to refund the 90% of booking amount with an interest at the rate of 9% from 2009 within next three months, it will have to pay an interest at the rate of 9% till the realisation of the amount."

 

The complainant, Kiran Mahajan of Ghodbunder Road at Thane had booked a flat ad-measuring 1,026 sqft in a Lodha Group project named as 'Casa Ignis' costing Rs31.02 lakh. He paid Rs54,000 on 24 September 2009 as booking amount.

 

However, due to some reasons, two days later, he decided to cancel the deal and sought a refund of his booking amount. However, the builder refused to refund the money, following which Mahajan approached the consumer forum.

 

In its defence, the Lodha group told the forum that as the complainant had not entered into an agreement with them, he cannot be treated as a consumer. It also said that as per the norms of the company, the advance amount of Rs54,000 was forfeited on account of withdrawal of the booking of the flat.

 

The builder cited the relevant clause in their agreement format, which says that if the buyer withdraws from the scheme, the entire booking amount would be forfeited.

 

However, dismissing the builder's defence, the forum ordered that the complainant be refunded Rs48,600 (90% of the booking amount) with 9% interest per annum from August 2009 and also a compensation of Rs25,000 as legal expenses.

User

COMMENTS

Pawan Singh

3 weeks ago

My Customer ID - 00012633600 I was booked A flat in CASA CALARA 501 in A wing. I wants to withdraw my booking amount i.e. 45000 Rs. and stop the process for purchasing flat because the sales person associated with me his name is Mari Konar convey the wrong information about loan and EMI processes he said you have to pay 22500 Rs. as EMI after position but a banker allotted to me said you have to pay 30000 Rs. As EMI which is out of my budget. So kindly help me to stop this process and refund my booking amount.

Regards,
Pawan Singh

Vijay Saran Roy

3 years ago

many peoples are having same problem, So i will request to the consumer forum to instruct to the builder to refund money of all applicant who need to cancel deed.

Simple Indian

3 years ago

Real Estate sector is highly unregulated in India. Hence, most black money of politicians and others' illicit money finds its way into this sector. Hence, the all-powerful politicians do not want to 'disturb' the sector which enables them to park their illicit money, leading to opaque dealings by builders who enjoy political patronage. No govt will ever dare to regulate this sector and make builders or agents accountable or make real estate dealings more transparent. Some States who do have Real Estate regulators hardly have laws which are buyer-friendly, and are heavily in favor of builders instead. This is one sector which needs stronger laws and regulation, if any govt wants to make 'affordable' housing a reality. It's all the more important in metros like Mumbai and Delhi, where cost of buying / renting a house is always skyrocketing, regardless of the overall economic scenario.

REPLY

Dharmendra

In Reply to Simple Indian 2 years ago

I also have similar experience with LODHA PALAVA. I paid initial booking amount of Rs 45000 and then requested for draft agreement but they never sent it to me. CRM said you will have to clear first payment of Rs 4 lakh then only we can share the draft agreement which will be followed by registration. Needless to mention after initial booking the interest component of LODHA was switched on and they imposed Rs 5000 for late payment and it can't be reversed at any cost. Not only this since registration was getting delayed, I was being imposed with interest. In total the interest accumulated was increasing without any end.

So ultimately I decided to get out of this never ending interest paying story.Now they refusing to pay back Rs 45000. Please suggest the way out to get the money back from these cheaters.

[email protected]

Dharmendra

In Reply to Simple Indian 2 years ago

I also have similar experience with LODHA PALAVA. I paid initial booking amount of Rs 45000 and then requested for draft agreement but they never sent it to me. CRM said you will have to clear first payment of Rs 4 lakh then only we can share the draft agreement which will be followed by registration. Needless to mention after initial booking the interest component of LODHA was switched on and they imposed Rs 5000 for late payment and it can't be reversed at any cost. Not only this since registration was getting delayed, I was being imposed with interest. In total the interest accumulated was increasing without any end.

So ultimately I decided to get out of this never ending interest paying story.Now they refusing to pay back Rs 45000.

Please suggest the way out to get the money back from these cheaters.

[email protected]

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