https://www.taxtmi.com/caselaws?id=104436 A transferee pendente lite cannot challenge a resumption order by relying on the transfer alone, because an assignee acquires no better right than the original allottee and cannot enforce the benefit of the allotment without accepting its accompanying obligations. A clause requiring construction and commencement of the industrial unit within the stipulated time, with resumption on default, was treated as a valid conditional term binding on the allottee. As the project was not implemented within time, the resumption was upheld and the challenge failed. en-us Wed, 02 Dec 1998 00:00:00 +0530 Tue, 03 Sep 2013 14:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104436 A transferee pendente lite cannot challenge a resumption order by relying on the transfer alone, because an assignee acquires no better right than the original allottee and cannot enforce the benefit of the allotment without accepting its accompanying obligations. A clause requiring construction and commencement of the industrial unit within the stipulated time, with resumption on default, was treated as a valid conditional term binding on the allottee. As the project was not implemented within time, the resumption was upheld and the challenge failed. Case-Laws Companies Law Wed, 02 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104436