Authority Fully Empowered To Award Interest U/S 38(1) of RERA – Allahabad HC The Hon’ble High Court of Allahabad has held that in case of contravention of any obligation cast upon the promoters under the Real Estate (Regulation and Development) Act, 2016, the Authority while exercising jurisdiction under Section 38(1), is fully empowered to award interest on the amount paid by allottees. Reddy & Reddy law firm Pune is one of the best law firms in Maharashtra and deals with a varied range of legal matters.
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Authority Fully Empowered To Award Interest U/S...
2020-11-09T07:00:19
Authority Fully Empowered To Award Interest U/S 38(1) of RERA – Allahabad HC The Hon’ble High Court of Allahabad has held that in case of contravention of any obligation cast upon the promoters under the Real Estate (Regulation and Development) Act, 2016, the Authority while exercising jurisdiction under Section 38(1), is fully empowered to award interest on the amount paid by allottees. Reddy & Reddy law firm Pune is one of the best law firms in Maharashtra and deals with a varied range of legal matters.
2020-11-09T07:00:19
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