Developer Not Liable for Delay If Construction Plea Is Kept Pending by Development Authority: Allahabad High Court
In a significant judgment related to urban development and lease obligations, the Allahabad High Court has held that a developer cannot be penalized for not commencing construction when the application for construction permission is pending with the authority. The ruling came in the case of M/s Kinetic Buildtech Pvt. Ltd., which challenged the cancellation of its allotment by the Greater Noida Industrial Development Authority (GNIDA). Background of plot allotment and…