Unfair Trade Practice: Parsvnath Developers To Pay over Rs7 lakh

The New Delhi District Consumer Disputes Forum, presided over by CK Chaturvedi, asked real-estate firm Parsvnath Developers Ltd, to pay Rs7,07,000 to a customer, saying that the firm deliberately misused her money for years which indicated its malafide and unfaithful activities.  

“There were no construction activities at the site in Sonepat for last nine years except adopting the delay tactics to misuse the consumers fund collected through publicity,” the Forum’s bench, comprising its members SR Chaudhary and Ritu Garodia, noted.

Ekta Bhushan had booked a plot in Parsvnath Developers’ proposed township in Sonepat by paying Rs5,82,000.

“It is clear case of unfair trade practices on the part of Opposite Party (real-estate firm) which deliberately misused complainant’s money for years and years and compelled her to bring into litigation, which clearly indicates malafide and unfaithful activities. The firm deliberately concealed facts and adopted harassing attitude for complainant and prolonged to handover the plot to complainant in question to gain the time whereas there is no possession of plot even in the hand of the firm,” the Forum said.

It directed the firm to refund Rs5,82,000, for the plot and also asked it to pay Rs1.25 lakh as compensation for harassment and litigation charges.

(This article was subsequently updated.)

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Developer To Be Jailed for Not Handing over Flat
The Maharashtra State Consumer Disputes Redressal Commission passed an order under Section 27 of the Consumer Protection Act which provides for penalty in the form of imprisonment and fine for non-compliance of orders. It ordered the director of Prasanna Builders Pvt Ltd, Anant Thakker, to pay a fine of Rs10,000. 
 
The legal battle of the complainant, Radheshyam Panday, began in 1996 when he lodged a case against the builder before a district forum.  In June 1999, the forum passed an order directing the builder to handover the flat within six months of the receipt of the copy of the verdict and pay a compensation of Rs2,000.

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