Rajesh Monga vs Housing Development Finance ...
Judges (2)
Case Significance
Rajesh Monga vs Housing Development Finance ... is a Supreme Court of India decision dated March 4, 2024 (citation: insc-2024-162). The appellant challenged NCDRC's dismissal of his consumer complaint alleging unfair trade practice by HDFC in relation to a home loan of Rs.3.5 crores, claiming he was lured by lower interest rate representations that were subsequently increased. The Supreme Court found no error in the NCDRC's order, holding that the appellant had executed the agreement, agreed to the terms, received the loan, and repaid it with interest as per the terms, and could not raise objections in hindsight. The appe The bench comprised Justices A.S. Bopanna and M.M. Sundresh. The judgment was delivered by Justice A.S. Bopanna.
Summary
The appellant challenged NCDRC's dismissal of his consumer complaint alleging unfair trade practice by HDFC in relation to a home loan of Rs.3.5 crores, claiming he was lured by lower interest rate representations that were subsequently increased. The Supreme Court found no error in the NCDRC's order, holding that the appellant had executed the agreement, agreed to the terms, received the loan, and repaid it with interest as per the terms, and could not raise objections in hindsight. The appeal was dismissed.
What was the outcome of Rajesh Monga vs Housing Development Finance ...?
The appellant challenged NCDRC's dismissal of his consumer complaint alleging unfair trade practice by HDFC in relation to a home loan of Rs.3.5 crores, claiming he was lured by lower interest rate re...
Judgment
Read the full judgment on the official India Courts portal.
Read on Indian KanoonSource: Indian Kanoon (insc-2024-162)