Topic
The Delhi High Court held that a tenant’s unequivocal denial of the landlord-tenant relationship triggers forfeiture under Section 111(g) TPA, overcoming the Section 50 DRC Act bar. The decision lets landlords regain possession on repayment of the security deposit, impacting tenants who deny the tenancy.
The Delhi State Consumer Commission ruled that charging EMI bounce penalties is unlawful if the loan contract permits payment up to the 7th and the borrower keeps enough balance, ordering Axis Bank to refund the charges for all 24 EMIs. This protects borrowers from unfair trade practices tied to premature ECS presentment.
The West Bengal State Consumer Commission ruled that a lender’s adjustment of interest rates under an adjustable-rate loan does not constitute deficiency in service unless the consumer proves a specific breach of the loan agreement. This sets a clear evidentiary bar for borrowers alleging unfair practices, reinforcing that financial disputes require concrete contractual violations, not speculative claims.