Share on LinkedInShare on LinkedIn

ARTICLE · 20 OCTOBER 2020

Delayed Possession- MahaRERA Awards Rs. 5 Crore To Allotee

S.S. Rana & Co.
S.S. Rana & Co.
Contributor
S.S. Rana & Co.

S.S. Rana & Co.

Established in 1989, S.S. Rana & Co. is a premier intellectual property and corporate law firm...

View firm profile
Explore more from S.S. Rana & Co.

Renaissance Infrastructure vs. Parth B. Suchak...

IndiaReal Estate and Construction

Renaissance Infrastructure vs. Parth B. Suchak

Factual Background:

M/s Renaissance Infrastructure, the Respondent herein, is the original complainant (hereinafter referred to as the Complainant) and Parth B. Suchak is the Appellant herein, originally the Respondent-promoter (hereinafter referred to as the Promoter). As per the agreement of sale ("the agreement") dated December 10, 2009, the Complainant had bought six plots of land along with a warehousing building from the Respondent Promoter. According to the agreement, Promoter was supposed to provide possession of the suit property to the Complainant or allottee by March 9, 2010. It is pertinent to point out that, Complainant and Promoter were originally partners and on Complainant's retirement from the partnership, his share was compensated by providing the suit property, as per the sale agreement. Subsequently, the Promoter failed to adhere to the conditions enumerated under the agreement and thereby, could

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from