2000 INSC 1267
SUPREME COURT OF INDIA
Roochira Ceramics
Vs.
H.U.D.A.
C.A.No.4306 of 1998

                                     (V.N.Khare and K.G.Balakrishnan JJ.)
29.11.2000

                                                       ORDER
The Text below is only a summarized version of the order pronounced
Dispute related to rate of interest charged on default in payment of installments towards final price
of allotted plot. Authority though entitled to charge interest at rate of 10% charged interest at rate of
18%. Supreme Court held that charge of interest at rate of 18% was illegal and directed authorities
to refund excess interest charged.