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    <title>1998 (9) TMI 699 - DELHI HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=470038</link>
    <description>Joint venture agreements requiring clearances and removal of impediments within five years were analysed against claims that the contractual period had expired or been waived. The discussion indicates that, where required approvals and building plans remained outstanding, the stipulated period continued to govern absent proof of extension. Section 14(3)(c) of the Specific Relief Act was treated as addressing specific performance of construction contracts and not a suit seeking declarations and injunctions. Temporary possession delivered to a builder for proposed construction was distinguished from exclusive legal possession and was not, without more, protected under Section 53A of the Transfer of Property Act or an implied irrevocable licence. Waiver required conscious, deliberate and intentional relinquishment; a later power of attorney alone was insufficient, particularly after revocation.</description>
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    <pubDate>Mon, 14 Sep 1998 00:00:00 +0530</pubDate>
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      <title>1998 (9) TMI 699 - DELHI HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=470038</link>
      <description>Joint venture agreements requiring clearances and removal of impediments within five years were analysed against claims that the contractual period had expired or been waived. The discussion indicates that, where required approvals and building plans remained outstanding, the stipulated period continued to govern absent proof of extension. Section 14(3)(c) of the Specific Relief Act was treated as addressing specific performance of construction contracts and not a suit seeking declarations and injunctions. Temporary possession delivered to a builder for proposed construction was distinguished from exclusive legal possession and was not, without more, protected under Section 53A of the Transfer of Property Act or an implied irrevocable licence. Waiver required conscious, deliberate and intentional relinquishment; a later power of attorney alone was insufficient, particularly after revocation.</description>
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      <pubDate>Mon, 14 Sep 1998 00:00:00 +0530</pubDate>
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