https://www.taxtmi.com/caselaws?id=450003 SC held that contractual terms governing delayed delivery of possession had to be enforced as written, including the distinct stages of fit-out possession and final possession, the grace period, and the agreed termination mechanism. Because possession for fit outs was not offered within the contractual deadline, the purchasers validly exercised their termination right within time and were entitled to refund on the contract's terms. The consumer forum could not rewrite the bargain by substituting its own view on sufficiency of delay or by compelling continued performance contrary to the termination clause. Refund and interest were therefore governed by the agreement, and the contrary consumer forum view was unsustainable. en-us Thu, 22 Feb 2024 00:00:00 +0530 Sat, 24 Feb 2024 06:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450003 SC held that contractual terms governing delayed delivery of possession had to be enforced as written, including the distinct stages of fit-out possession and final possession, the grace period, and the agreed termination mechanism. Because possession for fit outs was not offered within the contractual deadline, the purchasers validly exercised their termination right within time and were entitled to refund on the contract's terms. The consumer forum could not rewrite the bargain by substituting its own view on sufficiency of delay or by compelling continued performance contrary to the termination clause. Refund and interest were therefore governed by the agreement, and the contrary consumer forum view was unsustainable. Case-Laws Indian Laws Thu, 22 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450003