Supreme Court of India

M/s Laureate Buildwell Pvt. Ltd. v. Charanjeet Singh

Neutral citation
Bench Uday Umesh Lalit, Hemant Gupta and S. Ravindra Bhat JJ.
Decided 22 July 2021

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.

2 Supreme Court benches have cited this judgment.

What the Court ordered

We are of the considered view that as far as the Act is concerned, it is not necessary that there should be privity of contract between the Insurance Company and the claimants.

Judgment, page 15

From the headnote

Housing – Builder flat – Rights of subsequent purchaser (re- allottee), when builder does not honour its commitment to deliver the flat within a stipulated time – Refund of amount deposited with developer/ builder in respect of subject flat – Relief of interest on refund claim made by the subsequent purchaser – Entitlement to – Held: The nature and extent of relief, to which a subsequent purchaser can be entitled to, would be fact dependent – However, it cannot be said that a subsequent purchaser who steps into the shoes of an original allottee of a housing project in which the builder has…

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