NCDRC

NCDRC

RP/741/2006

DEPARTMENT OF POSTS INDIA AND ORS. - Complainant(s)

Versus

BURRI ACHUTA RAMA RAO - Opp.Party(s)

MR. R.N.SINGH

09 Feb 2011

ORDER

NATIONAL CONSUMER DISPUTES REDRESSAL COMMISSION
NEW DELHI
 
REVISION PETITION NO. 741 OF 2006
 
(Against the Order dated 24/11/2005 in Appeal No. 36/2005 of the State Commission Andhra Pradesh)
1. DEPARTMENT OF POSTS INDIA AND ORS.
-
-
-
...........Petitioner(s)
Versus 
1. BURRI ACHUTA RAMA RAO
H.NO.29
D.NO.69-17-29 S.B.I. OFFICERS COLONY RAJENDRANAGA
KAKINADA 533003
...........Respondent(s)

BEFORE: 
 HON'BLE MR. JUSTICE R.K. BATTA, PRESIDING MEMBER
 HON'BLE MR. VINAY KUMAR, MEMBER

For the Petitioner :MR. R.N.SINGH
For the Respondent :
Mrs. K. Radha, Advocate

Dated : 09 Feb 2011
ORDER

 

            Heard Counsel for the parties.

 

            The State Commission has awarded 12% interest per annum from the date of maturity till the date of payment.  The revision has been admitted limited to interest.    In the facts and circumstances of the case, we are of the opinion that the interest @ 12% per annum after the maturity date till payment is excessive and call for interference.  In our opinion, in the facts and circumstances of the case, 6% interest per annum from the date of maturity till the date of payment is just, fair and equitable.  The revision is accordingly partly allowed and the liability of the petitioner shall be to pay 6% interest from the maturity date till the date of payment. In the facts and circumstances, there shall be no order as to cost.

 
......................J
R.K. BATTA
PRESIDING MEMBER
......................
VINAY KUMAR
MEMBER

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