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Corporate Law

Buyer cannot be expected to wait Indefinitely for Possession

Case Law Details

Case Name
Kolkata West International City Pvt Ltd Vs Devasis Rudra (Supreme Court)
Date of Judgement/Order
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Advertisement Kolkata West International City Pvt Ltd Vs Devasis Rudra (Supreme Court of India) In terms of the agreement, the date for handing over possession was 31 December 2008, with a grace period of six months. Even in 2011, when the buyer filed a consumer complaint, he was ready and willing to accept possession. It would be manifestly unreasonable to construe the contract between the parties as requiring the buyer to wait indefinitely for possession. By 2016, nearly seven years had elapsed from the date of the agreement. Even according to the developer, the completion certificate was...
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