India, Sept. 26 -- The Bombay High Court has upheld a builder's decision to cancel the allotment of an Airoli flat after the prospective buyer failed to pay stamp duty and registration charges needed to complete the sale deed. Justice Sandeep Marne set aside orders passed by MahaRERA and its Appellate Tribunal directing JP Builders and Developers to complete the transaction and hand over the flat to buyer Santosh Sandhu.

The court found that Sandhu had not actually paid the stamp duty and registration charges to the authorities, despite claiming that he had deposited the money with a bank. The builder had cancelled the transaction on July 30, 2019, after Sandhu said he was unable to pay the charges because of financial difficulties.

The...