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Rate of Interest held to be same for builder and buyer in case of default: SC

Advocate Bharat Agarwal 14 Oct 2022 7,215 Views 0 comment Print Corporate Law | Judiciary

Case Law Details

Case Name : Ashoka Investment Co. Vs United Towers India (Pvt.) Ltd. (Supreme Court of India)

Appeal Number : Civil Appeal No(S). 4913 of 2015

Date of Judgement/Order : 11/10/2022

Related Assessment Year :

Courts : Supreme Court of India

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Ashoka Investment Co. Vs United Towers India (Pvt.) Ltd. (Supreme Court of India)

Conclusion: In present facts of the case, the Hon’ble Supreme Court held that the builder should also pay interest for

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Author Bio

Name: Advocate Bharat Agarwal

Qualification: LL.B / Advocate

Company: Advocate Bharat Agarwal

Location: Noida, Uttar Pradesh, India

Member Since: 06 Feb 2020 | Total Posts: 255

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