https://www.taxtmi.com/caselaws?id=377787 Inordinate delay by a builder in obtaining the occupancy certificate and offering possession justified refund to the flat purchaser with appropriate compensation, because a purchaser cannot be compelled to accept possession after a substantial lapse of time, especially where the complaint had effectively continued allotment. Contract terms that gave the builder stronger remedies for buyer default while restricting the allottee's relief for delayed possession were one-sided, unfair and unenforceable as an unconscionable standard-form arrangement. Interest at 10.7% per annum on the refund was upheld as reasonable, with the stay period excluded from computation. The appeals failed and the consumer forum's refund order was sustained. en-us Tue, 02 Apr 2019 00:00:00 +0530 Sat, 06 Aug 2022 15:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377787 Inordinate delay by a builder in obtaining the occupancy certificate and offering possession justified refund to the flat purchaser with appropriate compensation, because a purchaser cannot be compelled to accept possession after a substantial lapse of time, especially where the complaint had effectively continued allotment. Contract terms that gave the builder stronger remedies for buyer default while restricting the allottee's relief for delayed possession were one-sided, unfair and unenforceable as an unconscionable standard-form arrangement. Interest at 10.7% per annum on the refund was upheld as reasonable, with the stay period excluded from computation. The appeals failed and the consumer forum's refund order was sustained. Case-Laws Indian Laws Tue, 02 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377787