RAM SURAT RAM MAURYA
Anil Agarwalla – Appellant
Versus
Imperial Housing Ventures Pvt. Ltd. – Respondent
ORDER
Ram Surat Ram Maurya, Presiding Member.—Heard Mr. Anil Agarwalla and Ms. Neha Sharma, Advocate, for the complainants and Mr. Jay Savla, Sr. Advocate assisted by Mr. Akshay Sharma, for the opposite parties.
2. The complainants have filed the aforementioned complaint for directing the opposite parties (hereinafter referred to as the builder) (i) to refund their principal amount of Rs.7631013/- along with interest @18% per annum, (amounting to Rs.27/- lacs i.e. from the date of respective deposits till filing of the complaint), in the event the builder failed to handover possession of the flat to the complainants, complete in all respect, within 15 days of the filing of the complaint (ii) to pay Rs.15/- lacs as the compensation, (iii) Rs.5/- lacs as the compensation for mental agony and harassment, (iv) Rs.50000/- as cost of the litigation and (v) any other relief, which is deemed fit and proper in the facts and circumstances of the case.
3. The facts, as stated in the complaint are that the builder was a company, engaged in the business of development and construction of residential and commercial buildings and selling its unit to the prospective buyers. In the year 2010, the b
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