Greenply Industries Ordered to Pay Rs 10.94 Lakhs by Consumer Commission

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AuthorIshaan Verma|Published at:
Greenply Industries Ordered to Pay Rs 10.94 Lakhs by Consumer Commission
Overview

Greenply Industries must pay a consumer Rs 9.94 lakhs plus interest and Rs 1 lakh in compensation, according to an order from the Patna Consumer Commission. The company stated the decision will not significantly impact its finances.

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Greenply Industries to Pay Rs 10.94 Lakhs Following Consumer Commission Order

Greenply Industries has been directed by the Patna Consumer Commission to pay a consumer a total of Rs 10.94 lakhs. This includes Rs 9,94,341, plus 7% interest, and an additional Rs 1,00,000 for compensation.

Despite the payout, Greenply Industries has indicated that this order is not expected to have a material financial impact on the company. The resolution of this consumer dispute represents a minor cost for the company.

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