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2022 Supreme(Online)(NCDRC) 979

NATIONAL CONSUMER DISPUTES REDRESSAL COMMISSION
C. Viswanath, PM, Justice Ram Surat Ram Maurya, M
M/S. JAIPRAKASH ASSOCIATES LTD. – Appellant
Versus
DN KHURANA – Respondent


Advocates:
For the Appellants/Petitioners: Mr. Krishnan Venugopal, Mr. Sumeet Sharma, Mr. Tenzen Negi, Mr. Paras Chaudhary, Mr. Kaushik, Ms. Pallavi
For the Respondents: Mr. Sankalp Mehrotra, Mr. Mayank Singh, Mr. Aditya Parolia

Table of Content
1. proceedings arose from delayed possession of flat. (Para 2 , 4 , 5)
2. arguments concerning refund obligations amidst insolvency. (Para 8 , 9 , 10)
3. assessment of financial relations under the code. (Para 11 , 20)
ORDER

1. Heard Mr. Krishnan Venugopal, Senior Advocate, assisted by Mr. Sumeet Sharma, Advocate, for the appellant and Mr. Sankalp Mehrotra, Advocate, for respondents-1 to 3, Mr. Mayank Singh, Advocate, for respondent-4. Mr. Aditya Parolia, Advocate argued as an intervener, on legal issue.

2. Jaiprakash Associates Limited (opposite parties-1 & 2) has filed above appeal from the order of State Consumer Disputes Redressal Commission, Uttar Pradesh, dated 12.07.2019, passed in CC/66/2017, partly allowing the complaint with cost of Rs.10000/- and directing the appellant to return Rs.4578008/- with interest @18% per annum from the date of respective deposit till the date of actual payment, to the complainants.

3. The office has reported 4 days delay in filing the appeal. The appellant has filed IA/16782/2019, for condonation of delay. Cause shown is sufficient. The delay in filing the appeal is condoned.

4. D.N. Khurana, Mrs. Prem Khurana and Konark Khurana (resp

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