Supreme Court of India
Suman Jindal & Anr. v. M/s Adarsh Developers
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
What the Court ordered
We are of the view that the appeal would have to be allowed.
Judgment, page 8
From the headnote
Consumer Disputes: Cancellation of allotment of housing apartment – By developer of the property – On the ground that the allottee had failed to pay 25% of the total cost of the flat – Complaint before State Consumer Commission – Dismissed – Order affirmed by National Consumer Commission – On appeal, held: It is evident from the records that the booking amount was reduced to 15% from 25% of the agreed sale consideration – The allottee had paid the amount which was in excess of 15% of the booking amount – Hence the termination of allotment was misconceived – Section 4 of Karnataka Ownership…
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