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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.

M/S TREATY CONSTRUCTION vs M/S RUBY TOWER CO OP HSG. SOCIETY LTD. · Niyam