https://www.taxtmi.com/caselaws?id=459598 The Bombay HC dismissed appeals challenging a RERA tribunal's order regarding delayed possession of flats. The court examined a Deed of Assignment where the original developer had authorized the appellant to receive balance consideration from flat purchasers and issue NOCs. Despite the appellant's contention that it received no consideration from respondents, the HC found the appellant liable under Section 18 of RERA for interest on delayed possession. The appellant refused to return amounts paid by respondents with interest. The HC found no perversity in the tribunal's findings and concluded no substantial question of law arose, dismissing the appeals as devoid of merit. en-us Tue, 17 Sep 2019 00:00:00 +0530 Thu, 19 Dec 2024 18:58:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459598 The Bombay HC dismissed appeals challenging a RERA tribunal's order regarding delayed possession of flats. The court examined a Deed of Assignment where the original developer had authorized the appellant to receive balance consideration from flat purchasers and issue NOCs. Despite the appellant's contention that it received no consideration from respondents, the HC found the appellant liable under Section 18 of RERA for interest on delayed possession. The appellant refused to return amounts paid by respondents with interest. The HC found no perversity in the tribunal's findings and concluded no substantial question of law arose, dismissing the appeals as devoid of merit. Case-Laws Indian Laws Tue, 17 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459598