Consumer Court Directs Amazon, Seller to Pay Rs.4.68 Lakh to Customer as Compensation  ||  MP HC: Pension is a Proprietary Right and Cannot be Withheld unless Grave Misconduct is Proved  ||  HP High Court: ITBP Constable Removal For Affair Disproportionate; Orders Compulsory Retirement  ||  Calcutta High Court: Trade Licence Not Required For Advocates’ Partnership Registration  ||  Supreme Court: Courts Cannot Compel Plaintiffs to Accept Compensation Instead of Injunctions  ||  Delhi HC: Saying “Maro Sale Ko” During a Fight Alone Does Not by Itself Establish Intent to Kill  ||  Delhi HC Ordered Removal of Fake News About Judges’ London Badminton Event, Restrained its Sharing  ||  Bombay HC: Calling Police over Routine Transfers or External Complaints is Misconduct  ||  Delhi HC Upheld EC’s Decision Banning Political Ads in the Delhi Metro During Model Code of Conduct  ||  Delhi HC: In the Telegram Case Entire Social Media Platforms Can Be Blocked U/S 69A of the IT Act    

SC: Can’t Claim Refund of Interest Amount if Loan Amount Paid With Decided Rate of Interest - (05 Mar 2024)

BANKING

Supreme Court has held that if a person has executed an agreement and repaid the loan amount obtained with the interest as per the terms of the agreement then he cannot claim refund of the same on the ground that a higher rate of interest is being charged by Non-Banking Financial Company.

Tags : SUPREME COURT   PAYMENT OF LOAN   NBFC   RATE OF INTEREST  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved