https://www.taxtmi.com/caselaws?id=460234 Delegation of RERA Authority functions may validly empower a single member to hear and decide complaints where the Authority has resolved to confer those powers under the statutory framework. A jurisdictional objection based on the Authority's composition was therefore rejected. A promoter who has received an allottee's consideration but fails to deliver possession for years cannot retain the funds indefinitely; refund with interest may be directed under the applicable statutory provisions and agreement terms. Challenges to the interest rate and the ex parte nature of proceedings were also rejected, sustaining the regulatory refund and recovery action. en-us Tue, 04 Feb 2020 00:00:00 +0530 Thu, 16 Jan 2025 20:32:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460234 Delegation of RERA Authority functions may validly empower a single member to hear and decide complaints where the Authority has resolved to confer those powers under the statutory framework. A jurisdictional objection based on the Authority's composition was therefore rejected. A promoter who has received an allottee's consideration but fails to deliver possession for years cannot retain the funds indefinitely; refund with interest may be directed under the applicable statutory provisions and agreement terms. Challenges to the interest rate and the ex parte nature of proceedings were also rejected, sustaining the regulatory refund and recovery action. Case-Laws Indian Laws Tue, 04 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460234