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    <title>2007 (1) TMI 568 - Supreme Court</title>
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    <description>MOFA&#039;s amended scheme on additional construction is explained as permitting further development without prior consent only where it forms part of the project disclosed in the approved layout plan. Section 7A does not create an unrestricted right to keep developing the property or to defer conveyance until all development potential is exhausted. The promoter&#039;s continuing duties of full disclosure under Sections 3 and 4, and the statutory obligations relating to society formation and transfer of title under Sections 10 and 11, remain in force. The article also identifies the project characterisation as decisive, because whether the scheme involved one building with wings or separate additional buildings determines the reach of Sections 7(1)(ii) and 7A and the timing of conveyance.</description>
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    <pubDate>Wed, 10 Jan 2007 00:00:00 +0530</pubDate>
    <lastBuildDate>Mon, 23 Nov 2015 19:30:00 +0530</lastBuildDate>
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      <title>2007 (1) TMI 568 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=175380</link>
      <description>MOFA&#039;s amended scheme on additional construction is explained as permitting further development without prior consent only where it forms part of the project disclosed in the approved layout plan. Section 7A does not create an unrestricted right to keep developing the property or to defer conveyance until all development potential is exhausted. The promoter&#039;s continuing duties of full disclosure under Sections 3 and 4, and the statutory obligations relating to society formation and transfer of title under Sections 10 and 11, remain in force. The article also identifies the project characterisation as decisive, because whether the scheme involved one building with wings or separate additional buildings determines the reach of Sections 7(1)(ii) and 7A and the timing of conveyance.</description>
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      <pubDate>Wed, 10 Jan 2007 00:00:00 +0530</pubDate>
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