JUSTICE J. M. MALIK, PRESIDING MEMBER Learned counsel for the parties present. Arguments heard. The only dispute picked up by the learned counsel for the petitioners is in respect of interest. The petitioners have been ordered by the District Forum as follows: “13. As a result of the above discussion, this compliant is accepted with a direction to the Ops to refund Rs.13,39,975/- to the complainants along with interest @18% per annum from the date of its respective deposits till realization. The Ops are also directed to pay to the complainant a sum of Rs.10,000/- as costs of litigation.” This order was confirmed by the State Commission. -3- Learned counsel for the petitioners submits that interest @18% p.a. is on the higher side. He further submits that it should be reduced to 9% p.a. for which learned counsel for the respondents has no objection. Therefore, we modify the above said order and as a result of the above discussion, we hereby direct the opposite parties/petitioners to refund Rs.13,39,975/- to the complainants alongwith interest @9% per annum from the date of its respective deposit till realization. The opposite parties are also directed to pay litigation costs in the sum of Rs.10,000/-. The said amount be paid within one month otherwise the amount will further carry interest @9% p.a. till its realization. The amount already deposited shall stand adjusted. The matter stands disposed of. | 
