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Corporate Law

SC on possession date when builder keeps the same as indefinite

Case Law Details

Case Name
NBCC (India) Limited Vs Shri Ram Trivedi (Supreme Court of India)
Date of Judgement/Order
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NBCC (India) Limited Vs Ram Trivedi (Supreme Court of India) Where the agreement uses clever drafting language, such as the developer would ‘endeavour’ to hand over possession within a period of time from date of allotment, the Supreme Court in the case of NBCC (India) Limited v. Shri Ram Trivedi [Civil Appeal No. of 20 decided by the Hon’ble Supreme Court on 08.03.2021] has held that ‘even if the expression does not mean an absolute commitment to hand over possession on or before a specified date, this expression has to be read in the context of the entirety of the clause....
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