Realtor gets notice for failing to refund Rs 3 cr to Kargil War veteran

Coming to the aid of a Kargil War veteran, National Consumer Disputes Redressal Commission has issued a show-cause notice to realty firm Unitech Ltd, asking the latter as to why the proceedings for attachment of its assets should not be initiated for non-compliance of court orders.

Coming to the aid of a Kargil War veteran, National Consumer Disputes Redressal Commission has issued a show-cause notice to realty firm Unitech Ltd, asking the latter as to why the proceedings for attachment of its assets should not be initiated for non-compliance of court orders.

For failing to hand over a plot within the stipulated time, the commission on September 16 this year had directed the realtor to refund Rs 3.3 crore to Lt Col Anil Raj (retd), which it didn’t do.

Lt Col Anil Raj (retd), a resident of Mansa Devi Complex, Sector 4, Panchkula, had paid `3.3 crore to the said realty firm to purchase a residential plot in a SAS Nagar.

In the September 16 order, the commission had ordered that the complainant was entitled to 18% interest on the amount deposited with the realtor.

On defence counsel’s plea, the commission, later, brought down the interest to 10% and had asked Unitech Ltd to pay the money within six weeks.

The firm, however, didn’t pay the money to the complainant within the time specified by the court. The defence counsel told the court that due to financial constraints, the said order could not be complied with. The case has been adjourned for January 8, 2016.

Meanwhile, the commission has asked the complainant to place on record the details of the assets of the realtor.