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Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
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The HC upheld the Tribunal's award of delayed interest under Section 18(1)(a) of the RERA Act, finding no dispute as to the contractual completion date and the admitted offer of possession, rendering the interest calculation a mechanical entitlement not requiring adjudication. The HC confirmed the Tribunal's concurrent exercise of appellate and revisional powers under Section 44(6) and validated appropriation of deposits made under Section 43(5) toward adjudicated dues, permitting refund only to the extent amounts exceed interest payable upon appropriate application. All appeals by the Promoter were dismissed; the Allottee's appeal was also dismissed for failure to raise compensatory claims before the Tribunal.
The HC upheld the Tribunal's award of delayed interest under Section 18(1)(a) of the RERA Act, finding no dispute as to the contractual completion date and the admitted offer of possession, rendering the interest calculation a mechanical entitlement not requiring adjudication. The HC confirmed the Tribunal's concurrent exercise of appellate and revisional powers under Section 44(6) and validated appropriation of deposits made under Section 43(5) toward adjudicated dues, permitting refund only to the extent amounts exceed interest payable upon appropriate application. All appeals by the Promoter were dismissed; the Allottee's appeal was also dismissed for failure to raise compensatory claims before the Tribunal.
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