
Promoter May Terminate Allotment for Non-Payment of Stamp Duty Under RERA | Maha RERA & Appellate Tribunal Orders Set Aside : Bombay HC
The Bombay HC held that a promoter may terminate an allotment for non-payment of stamp duty under RERA, setting aside Maha RERA and Appellate Tribunal orders. It directed refund of Rs.12.3 lakh with interest at SBI MCLR+2% from July 2016, affirming that payment of statutory charges is a condition precedent to the allottee's rights.



