Saxena v. Taneja Developers
National Consumer Disputes Redressal CommissionF.A. No. 683 of 2022Bench: AVM J. Rajendra (Presiding Member), Justice Sudhir Kumar Jain (Member)
Forfeiture of 10% of the earnest money in default of payment cases is a reasonable amount. Forfeiture beyond the reasonable amount becomes a penalty and is not sustainable. The NCDRC dismissed the deficiency complaint against Taneja Developers.