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...buyer agreement pertained to assured return @12% per annum. The OP had not yet commenced with any development work at the site. Photos to that effect taken on 03.05.19 had been placed on record. The...complainant had pa id Rs.69 lakhs. The Op committed fault in making payment of assured return. The OP had agreed to pay assured return to the complainant from the date of receipt of 50% payment t i l l...hand over of possession of the f lat to the complainant. The OP paid assured return init ial ly (commencing from 18.08.14). Thereafter its stopped making payment from the month of September, 2016...

...adjudicate the disputes that have arisen in connection with the Assured Return Agreement dated 10.05.2012 (hereafter ‘the agreement’) entered into between the parties.2. The said agreement...appointed by respondent no. 1. Respondent no. 1 claimed that the ‘Assured Return Agreement’ was only a supplementary agreement and the arbitration clause contained in the ‘Space Agreement’ dated 10.05.2012...would prevail over the arbitration clause as contained in the Assured Return Agreement dated 10.05.20124. At this stage, it is also relevant to note that respondent no. 1 in the letter...

...assured return of 11% p.a. on the payments made by the complainant till handing over of the possession of the Unit. The complainant had made a total payment of Rs. 13,99,130/- on which a sum of Rs.... 12,403/- per month was to be paid by the OPs as monthly assured return. The complainant did not receive the assured return from 01.04.2015 amounting to Rs. 3,72,090/- except one payment in June, 2015...completed in near future. The complainant have been demanding assured return from the OPs, but they have ignored his request. The complainant has stated that by not delivering the possession of Unit and...

...the complainant to pay assured return of Rs.22,523/- p.m. from April, 2014 to April, 2016 irrespective of the unit being handed over to the complainant or not. In case the unit was leased out on or...before March, 2016 and lease rent was higher than the assured return, then OP would have no liability to pay the assured return. In the event of lease rent being lower than the assured return, the OP was...to pay balance amount to the complainant after deducting the lease rent from assured return. 1. Para-4 of the complaint recites that OP gave assured return from...

... It is not necessary to refer to all the pleas of the complainant. The reason being that Clause-4 of MOU dated 30.11.10 at page 15 for paying Rs.54,430/- as assured return per month payable.... They do not require the property for their on use. This makes the transaction commercial. 2. The OP paid assured return till June, 2013. The assured return was...of assured return till December, 2014 and paid the rest of the amount. Till June, 2018 Rs.23,51,360/- became due on account of assured return. The complaint is dismissed in limine...

...Rs. 1,95,0001- on account of alleged undisclosed assured return as per MOU with M/s Ultra Home Constructions Pvt. Ltd.4. That the learned assessing officer has erred in law in charging...undisclosed assured return of the assessee as per MOU dated 16.08.2009.2.2 Aggrieved by the order of Ld. A.O., Assessee preferred appeal before Ld. CIT(A) who observed and held as under...considered the assessment order and the submissions made. The meaning of assured return is that any shortfall in the return assured to the financer is to be made good by the finance. Any amount received over...

...sustaining an addition of Rs 1,95,0001- on account of alleged undisclosed assured return as per MOU with M/s Ultra Home Constructions Pvt. Ltd. 2 I.T.A.No.3486/Del/2014.... The Ld. A.O. made addition of Rs.22,50,000/- on account of undisclosed assured return of the assessee as per MOU dated 16.08.2009. 2.2 Aggrieved by the order of Ld. A.O., Assessee preferred appeal...under: "5.2 I have considered the assessment order and the submissions made. The meaning of assured return is that any shortfall in the return assured to the financer is to be made good by the finance...

...him an amount of Rs.36,883/- per month as an assured return amount as per Clause-A of Committed Return Plan. The possession of the kiosk was to be delivered to the complainant by 31.12.2008. The OP...had paid few installments of assured return to the complainant for the period from 07.07.2008 to 30.03.2013 and thereafter stopped making further payment to him. Thereafter, the OP had failed to...deliver the possession of the kiosk and also stopped to pay the assured return to the complainant. The complainant is suffering loss of interest on the amount deposited with the OP as more than 7 years have...

...8thfloor in their project on the basic sale price of Rs.23,81,480/-. The complainants opted for down payment plan. The OP executed a Buyer Agreement and Unit Buyer Option Agreement Assured Return Plan on...agreement the OP can charge delayed payment interest @ 24% per annum compounded monthly for the delay in payment by the complainants whereas as per Unit Buyer Option Agreement Assured Return Plan the OP...assured return of Rs.53.30 per sq. ft. per month on investment till the offer of possession. The complainants made complete payment in time but despite that the OP failed to deliver the possession of the...

...petitioners the said shares after the expiry of the said period in the following manner: (i) under the 1st agreement, 85,000 with an assured return at the rate of 35% p.a, and (ii) under the 2nd...agreement, 85,000 with an assured return at the rate of 29% p.a It was stated that the respondent agreed that upon default by the respondent, the respondent would be liable to pay penal interest at 3% p.a...assured return and the confirmed buy-back — would be complied with by both the parties. The said Company further undertook to buy-back the 85,000 NRI shares of CMM Ltd., at the end of 12 months from the...

...Fixed Deposit Receipt. It is also the contention of the Ld. Counsel for the complainant that the opposite parties have deduced TDS @10% from the amount of assured return as indicated in Annexure A-5...Disputes Redressal Commission, New Delhi shows that there are three components of relief awarded, firstly the assured return @Rs.45,587/- p.m. from 1.2.2017 to 22.09.2017, secondly, the delayed...dated 15.07.2022, reading the same as 13.04.2016 instead of 13.04.2017. Accordingly, the Opposite Parties deposited the decretal amount with this Commission which included the part of Assured Return also...

...The facts in brief of the complaint are that in pursuance of assured return memorandum of understanding dated 22nd May 2014 the opposite parties received a sum of Rs.14,99,117/- from...the complainant against unit number office/219, admeasuring: 250.270 sq. ft. in the complex of opposite party No.1 to pay assured return of Rs.12,804/- per month for a period of 3 years from 27th...February 2014 till 27th Jan. 2017. For payment of assured return 36 post dated cheques were issued by the opposite parties in favour of the complainant. Initially some cheques were encashed but cheques...

.... assured return of Rs. 25,000/- per month. OP has not paid assured return since May 2014. As per terms and conditions of MOU OP was liable to pay assured return increased by another 15% since August...2012. Again three years thereafter, assured return was to be increased by another 15%. Notice dated 05.11.16 was sent. Hence this complaint for directions to the OP to pay Rs. 8,51,056/- towards dues...of fixed monthly payment i.e. assured return. He has also prayed for compensation of Rs.12,00,000/- towards suffering of mental pain, agony and financial turmoil, Rs. 1,00,000/- for litigation charges...

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...Commission, Delhi (for short the State Commission), in Complaint No.C-622/2015. By the impugned order, the State Commission has directed the Appellant to pay to the Complainant the assured return, as...said clause, the assured return was paid to the Complainant till December 2013. We are unable to persuade ourselves to agree with the learned counsel. Apart from the...the said amount, even otherwise the stand of the Appellant in its Written Version is that the assured return was stopped because of the recession in the Real Estate market and not that the Clause 2(a...

...pay the remaining outstanding amount of Rs.23126/- as demanded by the OPs vide Annexure C-10. ii. to pay the assured return amount to the...complainant as per Unit Buyer Option Agreement Assured Return Plan w.e.f. 1.10.2019 till 31.7.2020 with interest @9% p.a. from the due date i.e. 1.10.2019 till onwards..., for basic sale price of Rs.23,81,480/-. The complainants opted for down payment plan. Buyer Agreement and Unit Buyer Option Agreement Assured Return Plan were executed between the parties on 27.11.2013...

... 6. Assured return payable upto Clause 4 - Rs.27,500/- per month till the date of possession or 3 years whichever is later. 7. Due date of offer of possession Cannot be...was liable to make payment of Rs. 27,500/- per month to the complainant as assured return up till the date of possession of the property or 3 years whichever is later. 7...and occupancy certificate and seeking the resolution of issues regarding payment of assured return as well as handover of possession of the property, however no reply was received. Respondent was also...

...memorandum of understanding (MoU) executed on 10.09.2008 in respect of unit described below for not paying assured return and for not handing over possession by the due date which is an obligation of.... Unit measuring as per MoU 500 sq. ft. (tentatively) 5. Date of execution of MoU 10.09.2008 6. Assured return to be paid as per clause 4 of MoU. Rs.27,500...assured return up till the date of possession of the property or 3 years, whichever is later. The complainants submitted that the respondent communicated to the complainants regarding intimation of the...