#Promoter Liability

The Bombay High Court ruled that non-registration of a development agreement does not bar deemed conveyance under MOFA if the transactional history, possession, and statutory exemption under ULC prove the promoters' substantive rights. Landowners who availed ULC benefits are estopped from resisting conveyance, reinforcing statutory intent to protect flat owners' ownership rights.

Bombay High Court holds that promoters cannot be excluded from Section 11 MOFA deemed conveyance proceedings without violating natural justice principles.