|Bombay High Court
Section 43(5) RERA | Pre-Deposit Disbursement Before Appeal Period Expiry Violates Promoter’s Statutory Appeal Rights: Bombay HC
Bombay High Court rules that disbursing pre-deposit amounts to allottees before the expiry of the promoter’s appeal period under RERA Section 43(5) prejudices the promoter’s statutory right to appeal. The court emphasizes that statutory appeal rights cannot be overridden by interim relief orders, ensuring procedural fairness in real estate disputes.