‘Non-refundable’ parking deposit must be returned if society cannot justify retention: Court
The Co-operative Court ruled that RNA Regency Park Tower Co-operative Housing Society must refund ₹50,000 to members Jignesh and Kusum Khiraiya, as it failed to justify retaining a ‘non-refundable’ parking deposit. The court mandated 6% interest from January 30, 2022, and ordered the society to cover the couple's legal costs. This decision emphasizes the need for lawful basis in such financial claims.