SC to Noida authority: Can't cancel lease deeds over own failure
India, Sept. 9 -- The Supreme Court on Tuesday cleared decks for the construction of a commercial project in Noida's Sector 94, holding that the Noida authority cannot cancel a lease deed for delays without themself fulfilling the commitment to provide a 45-metre access road to the developer as per the approved site plan.
Setting aside Noida's lease deed cancellation order of June 14, 2022, a bench of justices PS Narasimha and Alok Aradhe directed the authority to approve the developer's revised site plan. M/s Sunshine Trade Tower Pvt Ltd, the developer, gave an undertaking to complete the project in four years from the date of approval and agreed to deposit the remaining construction cost of over Rs.100 crore with Noida in eight instalm...
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इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.