Supreme Court of India · 2019-07-19
M/S TREATY CONSTRUCTION vs M/S RUBY TOWER CO OP HSG. SOCIETY LTD.
- Citation / case number
- SC 2018/18480
- Court
- Supreme Court of India
- Petitioner
- M/S TREATY CONSTRUCTION
- Respondent
- M/S RUBY TOWER CO OP HSG. SOCIETY LTD.
- Author
- HON'BLE MR. JUSTICE ABHAY MANOHAR SAPRE
- Bench
- HON'BLE MR. JUSTICE DINESH MAHESHWARI HON'BLE MR. JUSTICE A.M. KHANWILKAR
Judgment text excerpt
The Supreme Court upheld the National Consumer Disputes Redressal Commission's order requiring the appellants to pay Rs. 28,00,000 to the respondent-society within 45 days, with interest at 8% per annum for delayed payment, and a daily penalty of Rs. 1,000 after 60 days until the Occupancy Certificate is obtained. The Court affirmed the necessity for the appellants to convey the title of the property within four months post-Occupancy Certificate. The ruling emphasized the obligations of builders under consumer protection laws, particularly in relation to incomplete construction and failure to deliver possession as per agreements.