Case Law Details
Case Name : Ateet Bansal Vs Unitech Ltd (NCLAT)
Related Assessment Year :
Courts :
NCLAT
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Ateet Bansal Vs Unitech Ltd (NCLAT)
Conclusion: Following the principle of justice and equity, the defaulting company ‘Unitech’ was liable to repay the amount to its deposit holders principal along with the future interest @12.5% per annum from the date of maturity of the respective FDR till receipt thereof alongwith Rs.50000/- each to assessees towards cost of litigation, costs etc.
Held: Assessee–depositor who had bought a FDR from Respondent Company dated 01.06.2013 for Rs. 1,00,000/- for a period of three years and an amount of Rs. 1,45,217 was payable to the depositor ...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
Our FD No.1220489 matured on 31-5-16 which has not been paid. I, Manohar Lal Bhatia, is the joint holder, age 86+. FD was meant for to cover my medical expenses in advancing age, During the last one year I was hospitalized thrice. Suffer from cardiac problem, Arthritis, Asthmatic bronchitis, Hearing Problem, Neuropathy. Had open heart surgery in 2016, stomach stone removal surgery in this year. Suffered from Covid in August 2022, was admitted to hospital. Heavy medical expenditure being incurred daily. Please help a very senior citizen.